Simplified reporting of renminbi (RMB) statistics

Our Ref.: B1/15C
2 April 2014
The Chief Executive
All Authorized Institutions
Dear Sir/Madam,
Simplified reporting of renminbi (RMB) statistics In order to streamline the reporting of RMB statistics and to reduce reporting burden on authorized institutions (AIs), the HKMA has consolidated the existing Return of RMB Business Activities MA(BS)16 and the following surveys into a single return:

1. RMB conversions for non-Hong Kong residents
2. RMB remittances for non-Hong Kong residents
3. RMB Correspondent Banking Activities
4. RMB Liquidity Position
5. RMB Trade Position
   Please refer to the Annex for major simplifications to the existing return. The consolidated return and the Completion Instructions are enclosed as well for your reference. Starting from the position of December 2014, AIs should file the consolidated return according to the required timeline (i.e. within 21 days from the end of each calendar month), and stop reporting surveys 1 to 5 mentioned above. AIs shall download the reporting templates from the HKMA’s private website for the return submission through the STET system. We will inform AIs when the templates are available for downloading nearer the time of the first reporting of the revised return. If you have any question on this letter, please feel free to contact Ms Denise Tai at 2878 1589 or your usual supervisory contacts at the HKMA. Yours faithfully, Henry Cheng Executive Director (Banking Supervision) Encl.

Annex
Items consolidated from surveys

1. Deliverable forwards and non-deliverable forwards. Following the merge of these two
   items, a new item on RMB currency futures is added under “derivatives products” for data completeness.
2. Due to/from banks in Mainland China and other jurisdictions. Following the merge of
   the data, a memorandum of “Due to/from overseas offices” of the reporting AIs is added to Part A Balance Sheet.
3. Money exchange and remittances for non-Hong Kong residents
4. RMB liquidity position
   Simplified reporting requirements
5. Replaced the separate reporting of “Due to/from Mainland Correspondent Banks” under
   Part A Balance Sheet by “Banks in Mainland China”, which covers all banks in
   Mainland China whether or not they are Mainland Correspondent Banks.
6. Replaced the interim arrangement of including the balance of the Fiduciary Account in
   “Due from RMB Clearing Bank in Hong Kong” under Part A Balance Sheet by a separate item of “Due from People’s Bank of China”.
7. Removed the confirmation on the provision of major RMB services (i.e. money
   exchange, remittances, credit cards, loans, current accounts) to customers and engagement in the transactions of negotiable debt instruments under Parts B to G.
8. Moved the money exchange for positions squaring with the RMB Clearing Bank in
   Hong Kong and Mainland Correspondent Banks from previous Part H Memorandum items to Part B Money Exchange; and removed the reporting of the underlying purposes of the position squaring.
9. Reduced the breakdown of remittances through the RMB Clearing Bank in Hong Kong
   and Mainland Correspondent Banks under each counterparty to two memorandum items:
   all remittances and remittances for trade settlement purpose.
10. Under Part E Quality of RMB Assets, clarified that RMB assets include “Loans and
    advances to non-individuals and individuals” and “Other assets“. The scope of “Other assets” is given in the Completion Instruments.
11. Removed previous Part H Memorandum Items and Part I Certificate of Compliance.
    Others
12. Added a residual item “Remittances between places not reporting in the above items to
    Part C RMB Remittances for data completeness.

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G ||||||| |||/|||
Co. No. MM/YY
(last day of the month)
Name of Authorized Institution Date of Submission Note: This return is to be prepared in accordance with the completion instructions issued by the Monetary Authority. We certify that this return is, to the best of our knowledge and belief, correct. Chief Accountant Chief Executive Name and telephone number of responsible person who may be contacted by the Monetary Authority in case of any enquiry. Name Telephone Number MA(BS)16 (Rev. 12/2014) Information requested in this return is required under section 63(2) of the Banking Ordinance. The return should be submitted to the Monetary Authority not later than 21 days after the last day of each calendar month, unless otherwise advised by the Monetary Authority. The Banking Ordinance For Position of the Hong Kong Office(s) of an Authorized Institution For the month ended ______________________(dd/mm/yyyy) SECRET under the Banking Ordinance RETURN OF RENMINBI (RMB) BUSINESS ACTIVITIES

Standing Information

1. Yes / No
2. Yes / No
   If "Yes", state the name of the Mainland Correspondent Banks below:
   1.
   2.
   3.
   4.
   5.
   6.
   7.
   8.
   9.
   10.
   Please state whether your institution has entered into correspondent banking agreement with any Mainland bank for effecting RMB business (including RMB trade settlement business) :
   Please state whether your institution has signed the Agreement for Clearing and Settlement of Renminbi Business with the RMB Clearing Bank

A. Balance Sheet as at the last day of the reporting month Liabilities Current Account Deposits Savings Deposits Time Deposits Current Account Deposits Savings Deposits Time Deposits Total

1. Deposits from individual customers
   1.1 Hong Kong Residents
   1.2 Non-Hong Kong Residents
2. Deposits from non-individual customers
   2.1 Designated Merchants
   2.2 Other non-individuals located in Hong Kong
   2.3 Other non-individuals located in Mainland China
   2.4 Other non-individuals located in other places
3. Amount payable under repos
   3.1 Exchange Fund
   3.2 AIs
   3.3 Other counterparties
4. Due to banks
   4.1 RMB Clearing Bank in Hong Kong
   a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
   c. Between 1 and 3 months
   d. Later than 3 months
   4.2 Participating AIs in Hong Kong
   a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
   c. Between 1 and 3 months
   d. Later than 3 months
   4.3 Other AIs in Hong Kong
   a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
   c. Between 1 and 3 months
   d. Later than 3 months
   4.4 Banks in Mainland China
   a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
   c. Between 1 and 3 months
   d. Later than 3 months e Memorandum: Due to overseas offices
   4.5 Other banks outside Hong Kong
   a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
   c. Between 1 and 3 months
   d. Later than 3 months e Memorandum: Due to overseas offices
   4.6 Memorandum: Due to connected AIs
   4.7 Memorandum: Due to connected banks outside Hong Kong
5. Due to Exchange Fund
   5.1 Repayable or callable within 1 month
   5.2 Between 1 and 3 months
   5.3 Later than 3 months
6. RMB negotiable debt instruments (NDIs) issued and
   outstanding
   6.1 RMB negotiable certificates of deposit
   6.2 Acceptance and bills of exchange payable
   6.3 Other RMB NDIs
7. Other liabilities
   7.1 Miscellaneous
   7.2 Balancing figure
8. Total liabilities
9. Off-balance sheet items
   9.1 Derivatives positions
   a. Deliverable forwards b. Non-deliverable forwards
   c. RMB currency futures
   d. Others
   9.2 Contingent liabilities related to RMB trade finance
   9.3 Other commitments
   No. of Accounts RMB '000

A. Balance Sheet as at the last day of the reporting month No. of Accounts RMB '000 Assets
10. RMB cash
11. Amount receivable under reverse repos
11.1 Exchange Fund
11.2 AIs
11.3 Other counterparties
12. Due from banks
12.1 People's Bank of China (Fiduciary Account balances)
12.2 RMB Clearing Bank in Hong Kong
a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
c. Between 1 and 3 months
d. Later than 3 months
12.3 Participating AIs in Hong Kong
a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
c. Between 1 and 3 months
d. Later than 3 months
12.4 Other AIs in Hong Kong
a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
c. Between 1 and 3 months
d. Later than 3 months
12.5 Banks in Mainland China
a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
c. Between 1 and 3 months
d. Later than 3 months e Memorandum: Due from overseas offices
12.6 Other banks outside Hong Kong
a. Payable on demand and money at call b. Repayable or callable within 1 month, other than (a)
c. Between 1 and 3 months
d. Later than 3 months e Memorandum: Due from overseas offices
12.7 Memorandum: Due from connected AIs
12.8 Memorandum: Due from connected banks outside Hong Kong
13. Due from Exchange Fund
13.1 Repayable or callable within 1 month
13.2 Between 1 and 3 months
13.3 Later than 3 months
14. Loans and advances to customers
14.1 Loans and advances to individuals
a. for use in Hong Kong b. for use in Mainland China
c. for use in other places
d. where the place of use is not known
14.2 Loans and advances to non-individuals
a. trade finance b. for use in Hong Kong
c. for use in Mainland China
d. for use in other places e. where the place of use is not known
15. RMB negotiable debt instruments (NDIs) held
15.1 RMB negotiable certificates of deposit
15.2 Acceptance and bills of exchange receivable
15.3 Commercial paper
15.4 Government bills, notes and bonds
15.5 Other RMB NDIs
15.6 Memorandum: Holding of RMB NDIs
a. Held-to-maturity b. Available-for-sale
c. Others
15.7 Memorandum: Holding of RMB NDIs issued in Mainland China
15.8 Memorandum: Holding of RMB NDIs issued in Hong Kong
16. Investments
16.1 Investments in shareholdings
16.2 Other investments
16.3 Memorandum: Investments in Mainland China
17. Other assets
17.1 Miscellaneous
17.2 Balancing figure
18. Total assets
19. Less: provisions
20. Total assets less provisions
21. Off-balance sheet items
21.1 Derivatives positions
a. Deliverable forwards b. Non-deliverable forwards
c. RMB currency futures
d. Others
21.2 Contingent claims related to RMB trade finance
21.3 Other claims

B. Money Exchange
Volume of transactions during the reporting month No. of counts RMB '000
1. From RMB into HK$ and other currencies by customers
1.1 with individuals conducted through RMB accounts
a. with Hong Kong residents b. with non-Hong Kong residents
1.2 with individuals not through RMB accounts
1.3 with Designated Merchants
1.4 with other AIs
a. with the RMB Clearing Bank in Hong Kong
1.5 with banks outside Hong Kong
a. with Mainland Correspondent Banks for position squaring purpose
1.6 with other non-individuals for trade settlement purposes
1.7 with other non-individuals not included in the above items
2. From HK$ and other currencies into RMB by customers
2.1 with individuals conducted through RMB accounts
a. with Hong Kong residents b. with non-Hong Kong residents
2.2 with individuals not through RMB accounts
2.3 with other AIs
a. with the RMB Clearing Bank in Hong Kong
2.4 with banks outside Hong Kong
a. with Mainland Correspondent Banks for position squaring purpose
2.5 with other non-individuals for trade settlement purposes
2.6 with other non-individuals not included in the above items
C. RMB Remittances
Volume of transactions during the reporting month No. of counts RMB '000
1. Outward remittances to the Mainland
1.1 by individuals
a. Hong Kong residents b. non-Hong Kong residents
1.2 by RMB bond issuers or their payment agents
1.3 by non-individuals for trade settlement purposes
1.4 by other AIs
1.5 by banks outside Hong Kong
1.6 for the reporting AI's own account
1.7 by other non-individuals not included in the above items
1.8 Memorandum: all remittances reported above
a. through RMB Clearing Bank in Hong Kong b. through Mainland Correspondent Banks
1.9 Memorandum: all remittances for trade settlement purposes reported above
a. through RMB Clearing Bank in Hong Kong b. through Mainland Correspondent Banks
2. Inward remittances from the Mainland
2.1 to individuals
a. Hong Kong residents b. non-Hong Kong residents
2.2 to RMB bond issuers or their payment agents
2.3 to other non-individuals for trade settlement purposes
2.4 to other AIs
2.5 to banks outside Hong Kong
2.6 for the reporting AI's own account
2.7 by non-individuals not included in the above items
2.8 Memorandum: all remittances reported above
a. through RMB Clearing Bank in Hong Kong b. through Mainland Correspondent Banks
2.9 Memorandum: all remittances for trade settlement purposes reported above
a. through RMB Clearing Bank in Hong Kong b. through Mainland Correspondent Banks
3. Outward remittances to places outside the Mainland
4. Inward remittances from places outside the Mainland
5. Remittances between places not reported in the above items

D. RMB Credit Cards
No. of cards RMB '000
1. Total no. of credit cards and outstanding receivables at the end of the reporting month
2. Delinquent accounts
2.1 overdue for 1 - 30 days
2.2 overdue for 31 - 60 days
2.3 overdue for 61 - 90 days
2.4 overdue for over 90 days
3. Charge-off for the reporting month
E. Quality of RMB Assets
Loans and advances to non-individuals
Loans and advances to individuals
Other assets
Individual impairment allowance
RMB '000 RMB '000 RMB '000 RMB '000
1. Asset quality classification
1.1 Pass
1.2 Special Mention
1.3 Substandard
1.4 Doubtful
1.5 Loss
1.6 Total
2. Overdue assets
2.1 overdue for more than 1 month and up to 3 months
2.2 overdue for more than 3 months and up to 6 months
2.3 overdue for more than 6 months and up to 1 year
2.4 overdue for more than 1 year
2.5 Total overdue assets
3. Rescheduled assets
F. RMB Current Accounts
Number RMB '000
1.
2.
2.1 issued by individuals
2.2 issued by non-individuals
3.
3.1 The largest number of accounts involved in each of these days
G. RMB Negotiable Debt Instruments
NDIs issued in
Hong Kong Total NDIs
RMB '000 RMB '000
1. Total amount of RMB NDIs bought / sold during the reporting month
1.1 Bought for own account
a. subscribed from RMB NDI Issuers b. bought from customers
c. bought from other Participating AIs
d. Others
1.2 Sold for own account
a. sold to customers b. sold to other Participating AIs
c. Others
1.3 Bought for customers
1.4 Sold for customers
2. Total amount of RMB NDI repos and reverse repos during the reporting month
2.1 Repos
2.2 Reverse Repos
Outstanding balance at the end of the reporting month Aggregate number and value of RMB cheques received for clearing from Mainland China during the reporting month Aggregate number and value of RMB cheques received from Participating AIs in Hong Kong for clearing during the reporting month Number of days during the reporting month on which the aggregate amount of RMB cheques received for clearing from Mainland China in respect of any RMB current account of individuals exceeded CNY80,000

H. RMB Liquidity Position
RMB currency mismatch RMB '000

1. Net RMB assets (+) or liabilities (-)
   Net forward position in notional amount arising from: RMB '000
2. Deliverable forwards
   2.1 Residual maturity 1 month or below
   2.2 Residual maturity more than 1 month
3. Non-deliverable forwards
   3.1 Residual maturity 1 month or below
   3.2 Residual maturity more than 1 month
   Liquefiable assets HK$ '000
   4.1 HKD
   4.2 USD
   4.3 RMB
   4.4 Other currencies
   Qualifying liabilities HK$ '000
   5.1 HKD
   5.2 USD
   5.3 RMB
   5.4 Other currencies
   Liquidity ratios %
   RMB
   6.1 Month-end ratio
   6.2 Average ratio for the month
   6.3 Lowest ratio during the month
   Non-RMB
   7.1 Month-end ratio
   7.2 Average ratio for the month
   7.3 Lowest ratio during the month
   All currencies
   8.1 Month-end ratio
   8.2 Average ratio for the month
   8.3 Lowest ratio during the month

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Monthly Return of Renminbi (RMB) Business Activities For Position of the Hong Kong Office(s) of an Authorized Institution Completion Instructions Introduction
1. This return collects information on RMB activities engaged by AIs as well as their
RMB positions incurred in Hong Kong offices. In other words, RMB positions of AIs’ branches located outside Hong Kong or their subsidiary banks incorporated outside Hong Kong should not be reported in this return.
2. For the purpose of this return, Participating AIs refers to AIs that have signed the
clearing and settlement agreement with the RMB Clearing Bank in Hong Kong or AIs that have signed correspondent banking agreements with one or more Mainland Correspondent Banks for conducting RMB business. All AIs can provide RMB services to customers by signing up the relevant agreements with the RMB Clearing Bank in Hong Kong and/or Mainland Correspondent Banks as Participating AIs.
Section A: General Instructions
3. This return consists of 9 parts. They begin with the Standing Information, which
enquiries the reporting institution’s status as a Participating AI. Following this
part is the RMB balance sheet of the reporting institution (i.e. Part A) and detailed
information on major RMB activities and positions of the reporting institution (Parts B to H). These activities and positions include money exchange, cross-border remittances, asset quality with details on the performance of credit card receivables, current account activities, sales and purchases of negotiable debt instruments and liquidity position.
4. All AIs should complete all parts of this return unless otherwise specified.
5. Information reported in this return should be the outstanding position as at the last
calendar day of the reporting month or the turnover position for the reporting month as the case may be.
6. RMB transactions embedded in activities or products involving other currencies
should also be reported in this return. An example of this type of transaction is RMB conversion and cross-border remittance or local fund transfer conducted directly through a US dollar account.

7. Submission of this return should be made via STET not later than 21 days after the
end of each calendar month. If the submission deadline falls on a public holiday, it will be deferred to the next working day.
8. Unless otherwise specified, amounts should be shown to the nearest thousands in
RMB, or RMB equivalent in the case of amounts converted from HK$ or other currencies.
Section B: Specific Instructions
Standing Information
9. All AIs are required to indicate under questions 1 and 2 whether they have entered
into the relevant agreements with the RMB Clearing Bank in Hong Kong and Mainland Correspondent Banks for conducting RMB business.
Part A Balance Sheet
10.The reporting requirement for RMB balance sheet basically follows the Return of Assets and Liabilities MA(BS)1. 11.Report book value of the gross (i.e. not net) position on an accrual basis except where otherwise stated. However, if the accrued interest has been credited to the interest in suspense account instead of the profit and loss account, it should be netted off against the corresponding accounts in suspense whether or not it has been capitalised.
12. Securities transactions should be reported on a trade date basis. Unmatured spot
contracts, forward contracts and foreign exchange margin trading arrangements are regarded as forward transactions and should be reported as off-balance sheet items. Matured but unsettled spot or forward contracts are regarded as spot transactions, which should be reported on the balance sheet. 13.Items 1 and 2 – Deposits from individual and non-individual customers For reporting purpose, “Hong Kong Residents” refers to Hong Kong identity card holders and “Non-Hong Kong Residents” refers to other individual customers. “Designated Merchants” refers to those “Designated Business Customers” defined in the settlement agreement of the RMB Clearing Bank in Hong Kong.

14.Items 3 and 11 – Amount payable/receivable under sale and repurchase arrangements (“repos”)/reverse repos The reporting treatments of repos and reverse repos in this return follow those of the Return of Assets and Liabilities MA(BS)1. 15.Items 4 and 12 – Due to banks and Due from banks Outstanding balance maintained in the Fiduciary Account with the People’s Bank of China through the RMB Clearing Bank in Hong Kong should be reported in item 12.1. Item 12.2a should reflect the balance of RMB settlement account maintained by the reporting institution with the RMB Clearing Bank in Hong Kong, while item 12.5a should include the aggregate balance of RMB settlement accounts maintained by the reporting institution with Mainland Correspondent Banks. Due to/from Mainland banks and other banks outside Hong Kong should be reported according to the location of the banks. Following this reporting treatment, a UK bank’s Mainland branches should be reported as “banks in Mainland China” and the Tokyo branch of a Mainland bank should be reported as “other banks outside Hong Kong”. “Banks in Mainland China” includes positions with banks located in Mainland whether or not they are Mainland Correspondent Banks of the reporting institution.

Due to/from connected AIs or connected banks outside Hong Kong should also be reported as memorandum items although the relevant amounts have already been included in the counterparty breakdown for due to and due from banks under items
4.1 to 4.5 and items 12.1 to 12.6 respectively. Due to/from the reporting AI’s
overseas offices should be reported separately. It should not be included in the amount of due to/from connected banks outside Hong Kong. For the licensed bank appointed as the RMB Clearing Bank in Hong Kong, a separate return has to be submitted in relation to its RMB clearing activities. Therefore, it is not necessary for the RMB Clearing Bank in Hong Kong to include in this return any RMB amounts due to/from Participating AIs arising from its clearing activities. Nevertheless, where the RMB Clearing Bank in Hong Kong is also a Participating AI, it should report in item 4 or 12 as the case may be, any amount arising from its Participating AI operations due to/from the RMB Clearing Bank in Hong Kong as at the end of the reporting period.

16.Items 6 and 15 – RMB negotiable debt instruments (NDIs) issued and outstanding/held The reporting treatments for these items follow those of the Return of Assets and Liabilities MA(BS)1. The breakdown of holding of RMB NDIs into “held-to-maturity”, “available-for-sale” and “others” (e.g. at fair value through profit or loss accounts) should be reported according to the accounting treatments under HKAS39. The reporting of memorandum items 15.6, 15.7 and 15.8 should not include bills of exchange receivables reported under item 15.2. 17.Item 14 – Loans and advances to customers Outstanding RMB credit card receivables should also be included. Interest in suspense should be netted off against the corresponding loan accounts where accrued interest has been capitalised. Do not deduct provisions for problem loans. 18.Item 16 – Investments Holdings of RMB share capital of entities owned by the reporting institution, excluding those held as collateral for loans and advances, should be reported under “investments in shareholding”. This includes for instance investment in banks incorporated in Mainland China whether they are subsidiary banks of the reporting institution or not and shareholding investments in China UnionPay. Holdings of RMB capital instruments (e.g. perpetual subordinated debts) and unit trusts which are established specifically for investments in shares should also be covered. Structural position should be reported as “investments in shareholdings”. Reporting institutions should make reference to section 2.1 in module TA-2 Foreign Exchange Risk Management of the Supervisor’s Policy Manual for the definition of structural position. Report as “other investments” for all investments such as RMB-denominated debentures and other securities not included under item 16.1. 19.Items 7 and 17 – Other liabilities and Other assets The balancing figure reported in item 7.2 or item 17.2 are the RMB net long position or RMB net short position on the balance sheet as the case may be. As such, reporting institutions should not report balancing figures on both assets and liabilities sides of the RMB balance sheet.

20.Items 9 and 21 – Off-balance sheet items

Positions of derivative contracts should be reported in nominal amount breaking down into forwards, RMB currency futures and “others”. Deliverable forwards should include all RMB cash flows arising from the reporting institution's outstanding transactions including but not limited to exchange of principals in foreign exchange swap, foreign exchange forward and cross currency interest rate swap agreements. Derivatives such as options and currency swaps not being reported as forwards and RMB currency futures should be reported as “others”. A reporting institution having long position in RMB put options or short position in RMB call options may have contingent payments in RMB. The institution should therefore include the aggregate contingent payable amount arising from such options in “others” under item 9.1 as off-balance sheet liabilities, being the nominal value of the options. Similarly, the aggregate nominal amount of RMB call options held or RMB put options written by the reporting institution should be included in “others” under item 21.1 as off-balance sheet assets. Item 9.3 (other commitments) and item 21.3 (other claims) capture the amounts of any binding arrangements which, as the case may be, obligate/entitle the reporting institution to pay/receive RMB funds in the future. Examples of such commitments include irrevocable credit facilities, commitments for RMB bond underwriting, and commitments/claims caused by repos/reverse repos whereas all the risks and rewards of ownership have been transferred substantially to the counterparties.
Part B Money Exchange
21.Report the volume of money exchange activities from RMB into HK$ or other currencies or vice versa from the customers’ perspective during the reporting month on value date basis according to the breakdown as shown in the return. 22.Outright forwards and forward leg of swap contracts that are not yet delivered need not be covered in this part. They should be reported in this part only upon the actual conversion being done, i.e. in the month of the forward settlement date. 23.Exchange with the RMB Clearing Bank in Hong Kong and Mainland Correspondent Banks for position squaring purpose should be reported as separate items. 24.RMB banknote exchange transactions should be reported as transactions “not through RMB accounts”.

Part C RMB Remittances
25.Report the volume of RMB cross-border remittances conducted during the reporting month according to the required breakdown as shown in the return. Unsuccessful remittance (e.g. remittance rejected by the RMB Clearing Bank in Hong Kong or Mainland Correspondent Banks) need not be reported. However, returned remittances (e.g. remittance accepted and processed by the RMB Clearing Bank in Hong Kong or Mainland Correspondent Banks but subsequently rejected by the receiving bank and routed back to the reporting institution) should be treated as two separate transactions (i.e. one outward remittance and one inward remittance). Local cross-bank fund transfer should not be reported in this part. 26.Remittances for charity purposes should be reported as “by other non-individuals not included in the above items”.
Part D RMB Credit Cards
27.RMB credit cards issued to both individual and corporate customers should be reported. 28.Accounts that fail to pay at least the required minimum payments by due dates should be reported as delinquent accounts. The number and aggregate outstanding balance of these delinquent accounts as at the last calendar day of the reporting month should be reported in this part.
Part E Quality of RMB Assets
29.Report the information on the credit quality of RMB assets, including loans and advances to individual and non-individual customers and other assets, with the breakdown as indicated. 30.Other assets are balances due from banks, acceptances and bills of exchange held, investment debt instruments and accrued interest. The reporting criteria are in line with the Return of Loans and Advances and Provisions MA(BS)2A.
Part F RMB Current Accounts
31.The aggregate number and value of RMB cheques received from Mainland China and from Participating AIs for clearing should be reported on a gross basis.

Part G RMB Negotiable Debt Instruments
32.The turnover of RMB negotiable debt instruments, including those issued offshore such as in Hong Kong, purchased or sold should be reported in nominal amount on a gross basis regardless whether the transactions were conducted in the primary or secondary markets. Initial issuance of RMB negotiable debt instruments by the reporting institution in the primary market should not be reported. 33.Acceptance, bills of exchange and synthetic negotiable debt instruments (e.g. RMB bonds with settlement in US dollar) should not be included in this part. 34.Repos and reverse repos in nominal amount should be reported separately under item 2 and hence should not be included in the positions reported under item 1. 35.Each repo or reverse repo transaction should be reported once only, i.e. no need to report both the sale and the purchase legs in the same transaction. 36.Below is an example of reporting. During the reporting period the reporting institution conducted the following RMB NDI transactions:
(i) In an initial offering, the reporting institution successfully subscribed for RMB bonds worth RMB 100 million for own account and RMB 50 million for customers. (ii) For own account, the reporting institution bought RMB bonds worth RMB 40 million from other Participating AIs and RMB 30 million from customers. Subsequently the reporting institution unloaded its position by selling RMB bonds worth RMB 20 million to other Participating AIs and RMB 10 million to customers. (iii) On behalf of customers, the reporting institution purchased RMB bonds worth RMB 5 million from other Participating AIs. (iv) The reporting institution’s customers sold RMB bonds worth RMB 4 million, with (a) 50% (i.e. RMB 2 million) sold to the reporting institution and (b) 50% sold to other Participating AIs through the reporting institution. (v) The reporting institution conducted a repo transaction with RMB bonds of RMB 70 million in nominal value as the underlying asset. Separately, the reporting institution conducted a reverse repo transaction with RMB bonds of RMB 60 million in nominal value as the underlying asset.

The above transactions should be reported as follows:
CNY '000

1. Total amount of RMB NDIs bought / sold during the
   1.1 Bought for own account 172,000
   a. Subscribed from RMB NDI Issuers 100,000(i) b. Bought from customers 30,000(ii) + 2,000(iv)a
   c. Bought from other Participating AIs 40,000(ii)
   d. Others 0
   1.2 Sold for own account 30,000
   a. Sold to customers 10,000(ii) b. Sold to other Participating AIs 20,000(ii)
   c. Others 0
   1.3 Bought for customers 50,000(i) +
   10,000(ii)+5,000(iii)
   1.4 Sold for customers 30,000(ii)+2,000(iv)a+
   2,000(iv)b
2. Total amount of RMB NDI repos and reverse repos
   during the month
   2.1 Repos 70,000(v)
   2.2 Reverse Repos 60,000(v)
   Part H RMB Liquidity Position
   37.Net RMB assets or liabilities under RMB currency mismatch should tally with the balancing figures of the RMB balance sheet, i.e. balancing figure of RMB liabilities (for net RMB assets) or assets (for net RMB liabilities). 38.Deliverable forwards should include all RMB cash flows arising from the reporting institution's outstanding transactions including but not limited to exchange of principals in foreign exchange swap, foreign exchange forward and cross currency interest rate swap agreements, if any. 39.The liquidity ratios should be reported to the nearest two decimal places. While RMB and non-RMB liquidity ratios should be calculated on the basis of all calendar days during the reporting month, all currencies ratio is on the same basis as the the Return of Liquidity Position MA(BS)1E. If the liquidity ratio is an infinitive figure (i.e. no RMB qualifying liabilities), input a “#” sign. 40.Month-end position of the currency breakdown of liquefiable assets and qualifying liabilities should be reported. The reporting treatment basically follows the Return of Liquidity Position MA(BS)1E.

Hong Kong Monetary Authority
February 2004
Revised: June 2004
March 2006
June and August 2007
August 2009
September 2010
December 2014