Regulatory Alerts2025-11-27
Added · Updated
SPM: CR-G-9 Exposures to Connected Parties
The Hong Kong Monetary Authority issues this statutory guideline to require Authorized Institutions to implement robust systems and controls for identifying and managing exposures to connected parties. The document defines connected parties under the Banking (Exposure Limits) Rules and establishes specific statutory limits, including a 15% aggregate exposure ratio and caps on individual natural person exposures. It further mandates Board oversight, arm's length transaction principles, and comprehensive disclosure and regulatory reporting to prevent conflicts of interest and ensure financial stability.
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