Regulatory Alerts2018-07-03
Added · Updated
Supervisory Policy Manual Revised Module CR-G-13 Counterparty Credit Risk Management
The Hong Kong Monetary Authority issued a revised Supervisory Policy Manual module on counterparty credit risk management to align with Basel Committee and Financial Stability Board standards. The update incorporates changes to capital treatments, addresses credit valuation adjustments, and covers central clearing issues. Authorized institutions must assess their systems against this guidance and implement corrective action plans within one year of the module's issue date.
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