Regulatory Alerts2025-12-19
Added · Updated
Supervisory Policy Manual CR-G-9 Exposures to Connected Parties V.5
The Hong Kong Monetary Authority issued this statutory guideline to require Authorized Institutions to implement robust systems and controls for identifying, measuring, and monitoring exposures to connected parties. The document defines connected parties under the Banking (Exposure Limits) Rules and enforces strict statutory limits, including a 15% aggregate exposure ratio and specific caps on individual natural person exposures. It further mandates board oversight, arm's length transaction standards, and comprehensive disclosure to prevent conflicts of interest and ensure financial stability.
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