2024-10-24

Added · Updated

Revised Standard LAC Disclosure Template and Updated Code of Practice Chapter LAC-1 Resolution Planning

The Hong Kong Monetary Authority issued this circular on 24 October 2024 to update the Code of Practice chapter LAC-1 regarding resolution planning requirements for Large and Complex institutions. The document introduces a revised standard disclosure template and incorporates marked-up versions of annexes to facilitate compliance with the updated regulatory expectations. These changes apply to all Authorized Institutions and aim to enhance the clarity and consistency of resolution planning disclosures within the Hong Kong financial sector.

Hong Kong Monetary Authority logo

Hong Kong

Hong Kong Monetary Authority

Click to view thumbnail

CIR

Current

Issue Date:

24 Oct 2024

20241113-11-EN.pdf (1.8 MB)

Topic:

Resolution - Resolution planning

Resolution - Resolution standards

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

CIR

Current

24 Oct 2024

Revised standard LAC disclosure template and updated Code of Practice chapter LAC-1 “Resolution Planning – LAC Requirements”

Annex

Current

24 Oct 2024

Annex 1 - Template CCA(A)

COP

Current

24 Oct 2024

Code of Practice: Resolution Planning - LAC Requirements (LAC-1)

Annex

Current

24 Oct 2024

Annex 3 - Template CCA(A) (marked-up version)

CIR

Current

24 Oct 2024

Revised standard LAC disclosure template and updated Code of Practice chapter LAC-1 “Resolution Planning – LAC Requirements”

Annex

Current

24 Oct 2024

Annex 1 - Template CCA(A)

COP

Current

24 Oct 2024

Code of Practice: Resolution Planning - LAC Requirements (LAC-1)

Annex

Current

24 Oct 2024

Annex 3 - Template CCA(A) (marked-up version)

Cross referenced Document

Version History

Superseded Document

You may also be interested in

COP

Current

22 Jul 2022

Resolution Planning – Liquidity and Funding in Resolution

CPR

Archive

22 Apr 2016

Consultation draft of resolution planning core information requirements

COP

Current

05 Nov 2021

Resolution Planning – Operational Continuity in Resolution