Regulatory Alerts2018-03-16
Added · Updated
Transfer of General Insurance Business of The Hong Kong Mortgage Corporation Limited
The Hong Kong Monetary Authority issued this circular to address capital adequacy and large exposure requirements following the transfer of general insurance business from The Hong Kong Mortgage Corporation Limited. It specifies the capital treatments for exposures covered by the relevant programmes after the transfer, as detailed in Annex 1. The guidance applies to all authorized institutions and ensures compliance with risk concentration rules regarding HKMCI-related exposures.
CIR
Current
Issue Date:
16 Mar 2018
20180316-1-EN.pdf (103.1 KB)
Topic:
Capital Adequacy - Credit Risk (non-securitization exposures)
Large Exposures & Risk Concentrations - HKMCI-related exposures
Keyword:
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
16 Mar 2018
Annex 1 - Capital treatments for exposures covered by the Programmes after the transfer of the GI business
SPM-NGL
Current
11 Apr 2025
CR-G-7 Collateral and Guarantees
CIR
Current
15 Jul 2016
Exposure to HKMC: 80% Loan Guarantee Product under SME Financing
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Current
27 Jun 2012
Exposure to HKMC : 80% Loan Guarantee Product under SME Financing Guarantee Scheme
Annex
Current
16 Mar 2018
Annex 1 - Capital treatments for exposures covered by the Programmes after the transfer of the GI business
SPM-NGL
Current
11 Apr 2025
CR-G-7 Collateral and Guarantees
CIR
Current
15 Jul 2016
Exposure to HKMC: 80% Loan Guarantee Product under SME Financing
CIR
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27 Jun 2012
Exposure to HKMC : 80% Loan Guarantee Product under SME Financing Guarantee Scheme
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Superseded Document
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