2006-01-05
Added · Updated
The Hong Kong Monetary Authority issued Supervisory Policy Manual CR-S-5 to establish standards for credit card business management. The document outlines requirements for authorized institutions to effectively manage retail credit risk associated with credit card operations. It serves as a regulatory framework to ensure prudent lending practices and risk control within the banking sector.
CIR
Current
Issue Date:
05 Jan 2006
20060105-1-EN.pdf (170.4 KB)
Topic:
Credit Risk Management - Retail credit risk management
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
05 Jan 2006
CR-S-5 Credit Card Business
SPM-NGL
Current
05 Jan 2006
CR-S-5 Credit Card Business
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Archive
31 Oct 2002
Hong Kong Approach to Consumer Debt Difficulties
CIR
Current
22 Feb 2002
Bankruptcy and Consumer Credit Lending
CPR
Archive
28 Apr 2026
Consultation on revised Supervisory Policy Manual (SPM) modules CR-S-5 on “Credit Card Business”, RR-1 on “Reputation Risk Management” and SR-1 on “Strategic Risk Management” Enclosure 1: Credit Card Business (Consultation)