Regulatory Alerts1999-03-09
Added · Updated
Sound Practices for Banks’ Interactions with Highly Leveraged Institutions
The Hong Kong Monetary Authority issued this circular to adopt the Basle Committee on Banking Supervision's report on banks' interactions with highly leveraged institutions. The document outlines sound practices for authorized institutions to manage credit risk associated with lending to these entities. It establishes guidelines for assessing the financial stability and leverage of highly leveraged institutions to ensure prudent banking supervision.
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