2025-12-23

Added · Updated

Supervisory Policy Manual IR-1: Interest Rate Risk in the Banking Book

This revised module sets out the Hong Kong Monetary Authority's supervisory approach to interest rate risk in the banking book and requires all authorized institutions to implement its standards. It supersedes previous guidelines and takes effect on 1 January 2026. The document mandates quarterly reporting via specific returns for non-exempted institutions and defines the scope, including exemptions for certain overseas incorporated entities.

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Hong Kong Monetary Authority

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