Regulatory Alerts2016-11-08
Added · Updated
Revisions to Returns MA(BS)1E, MA(BS)18 and MA(BS)23
The Hong Kong Monetary Authority has revised the reporting templates and Completion Instructions for Returns MA(BS)1E, MA(BS)18, and MA(BS)23, effective 1 January 2017. The updates to Return MA(BS)1E permit category 1 institutions to apply a lower 3% outflow rate for stable retail deposits in Liquidity Coverage Ratio calculations, while changes to Returns MA(BS)18 and MA(BS)23 adjust reporting frequencies to reduce the compliance burden on authorized institutions. The revised documents are attached to the circular and updated electronic files will be available on the HKMA supervisory communication website following the December 2016 reporting period.
Topics
Share