2014-11-28
Added · Updated
The Hong Kong Monetary Authority issued this document to announce refinements to the Stable Funding Requirement aimed at streamlining operations and reducing reporting burdens for authorized institutions. The updated rules, effective January 1, 2015, adjust the SFR calculation based on quarterly loan growth rates and introduce flexibilities such as exempting certain short-term loans and accepting head office liquidity facilities. These changes also reduce the frequency of regulatory reviews and report submissions from monthly to quarterly while maintaining the policy's objective of ensuring banking system stability.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.