Regulatory Alerts2016-11-25
Added · Updated
Supervisory Policy Manual SPM LM-2 Sound Systems and Controls for Liquidity Risk Management
The Hong Kong Monetary Authority issued a revised statutory guideline under the Banking Ordinance to align liquidity risk management requirements with the Liquidity Coverage Ratio and Liquidity Maintenance Ratio. The revisions grant authorized institutions greater flexibility in governance and clarify the distinction between liquidity cushions and regulatory asset definitions while streamlining provisions. Institutions are required to align their internal processes with these changes as soon as practicable and no later than two months after issuance.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share