Rule · HKMA · 9 Jun 2026
The Hong Kong Monetary Authority issued a revised version of Supervisory Policy Manual Module IC-6 as a statutory guideline under the Banking Ordinance. The revisions incorporate regulatory updates following the full implementation of Credit Data Smart and enhancements to the Hong Kong Approach to Consumer Debt Difficulties. The revised module takes effect on 12 June 2026 and applies to all Authorized Institutions.
55th Floor, Two International Finance Centre, 香 港 中 環 金 融 街 8 號 國 際 金 融 中 心 2 期 55 樓 8 Finance Street, Central, Hong Kong 網 址:www.hkma.gov.hk Website: www.hkma.gov.hk Our Ref: B1/21C B4/1C B9/32C B9/60C 9 June 2026 The Chief Executive All Authorized Institutions Dear Sir / Madam, Revised Supervisory Policy Manual (SPM) Module IC-6 on “The Sharing and Use of Consumer Credit Data through Credit Reference Agencies” I am writing to inform you that, following consultation with the banking industry, the Monetary Authority will issue by notice in the Gazette on 12 June 2026 a revised version of the SPM module IC-6 as a statutory guideline under section 16(10) of the Banking Ordinance. The revisions mainly aim to reflect the latest regulatory requirements and guidance issued by the Hong Kong Monetary Authority (“HKMA”) following the full implementation of Credit Data Smart for consumer credit reference services. It also incorporates recent enhancements to the Hong Kong Approach to Consumer Debt Difficulties and the Interbank Debt Relief Plan. The revised SPM module IC-6 will take effect on 12 June 2026. It is accessible through the HKMA’s public website (https://brdr.hkma.gov.hk/eng/spm) and the Supervisory Communication Website (https://brdr.stet.iclnet.hk/eng/spm).
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
More like this from HKMA
HKMA published 7 documents in the last 30 days. We email you each new one the day it's published.
Source: Hong Kong Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated