Regulatory Alerts2013-12-10
Added · Updated
Supervisory Policy Manual CA-S-10 Financial Instrument Fair Value Practices
The Hong Kong Monetary Authority issued a revised Supervisory Policy Manual CA-S-10 to align fair value gain recognition with Basel III requirements for Common Equity Tier 1 capital. Authorized Institutions must ensure their fair value estimates are reliable and compliant with applicable accounting standards and supervisory guidance. The HKMA will evaluate the consistency of these valuation practices during ongoing risk-based supervision and incorporate the results into capital assessments.
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