Regulatory Alerts2025-04-11
Added · Updated
Revised Supervisory Policy Manual Module CR-G-7 on Collateral and Guarantees
The Hong Kong Monetary Authority issued a revised SPM module CR-G-7 to address credit activity complexity, align with Basel III property valuation requirements, and ensure consistency with FSB mortgage underwriting principles. The guidance applies to all authorized institutions on a proportionate basis, considering their specific risk profiles and operational scales. Institutions must review their risk management systems for compliance and implement necessary changes within two years of the module's issuance.
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