Revisions to standard LAC disclosure templates

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HONG KONG MONETARY AUTHORITY
香港金融管理局
Resolution Office
Our Ref: B9/213/3C-251127
27 November 2025
The Chief Executive
All Authorized Institutions
Dear Sir/Madam,
處置機制辦公室
Revisions to standard LAC disclosure templates I am writing to inform you that, following consultation with the two industry associations, the Monetary Authori鑼 ("MA") is issuing two revised standard LAC disclosure templates, Template TLAC 1 and Template TLAC 1(A), pursuant to rule 52(1)(b) of the Financial Institutions (Resolution) (Loss￾absorbing Capaci鑼 Requirements - Banking Sector) Rules ("LAC Rules"). These disclosure templates are required for use by resolution entities and material subsidiaries respectively to disclose their LAC composition. The revised standard LAC disclosure templates incorporate updates consequential to the corresponding changes to the revised Template CC 1 issued today under the Banking (Disclosure) Rules, aiming to provide more clari鑼 on the measurement approach for instruments held at fair value. The revised standard LAC disclosure templates are expected to take effect on 1 January
2026. Resolution entities and material subsidiaries should use these revised
templates for ma藪ng disclosures for any reporting periods ending after this date. The revised Template TLAC 1 and Template TLAC 1(A) are enclosed' (Annex j). The 鈿ll set of standard LAC disclosure templates can also be accessed through the "Key Functions - Resolution Regime 一 Resolution Standards"
section of the Hong Kong Monetary Authority ("HKMA")'s website
(http://www.hkma.gov.hk) or through the Banking Regulatory Document Repositoiywebsite (遺ps ://brdr.hkma.govhk/eng/main). Should you have any iuestions. nlease contact Mr Elton Lam 1 For ease of reference, marked-up drafts highlighting changes over the current templates in use are enclosed (Annex 2). 55th Floor, Two International Finance Centre 8 Finance Street, Central, Hong Kong Website: www.hkma.gov.hk 香港中環金融街8 號國際金融中心2 期55 樓 網址：www.hkma.gov.hk

(etmlam@hkma.gov.hk) or Mr Kelvin Yip (kkhyip@hkma.gov.hk) of the HKMA Resolution Office. Yours faithfully, Arthur Yeung Head (Resolution Office) Endl cc: The Chairperson, The Hong Kong Association of Banks The Chairman, The DTC Association FSTB (Attn: Ms Crystal Chiu)