Regulatory Alerts2018-03-16
Added · Updated
Transfer of General Insurance Business of The Hong Kong Mortgage Corporation Limited Annex 1 Capital treatments for exposures covered by the Programmes after the transfer of the GI business
The Hong Kong Monetary Authority issued this circular to specify capital treatments for exposures covered by the Hong Kong Mortgage Corporation Limited's programmes following the transfer of its general insurance business. The document addresses capital adequacy requirements for credit risk non-securitization exposures and large exposures related to HKMCI. It applies to all authorized institutions to ensure regulatory compliance with the Banking (Capital) Rules after the structural changes.