Regulatory Alerts2025-06-26
Added · Updated
Treatment of Deposits under Money Safe
The Hong Kong Monetary Authority issued this circular to authorize category 1 institutions to classify Money Safe deposits as stable retail deposits for Liquidity Coverage Ratio and Net Stable Funding Ratio calculations. This designation allows banks to apply preferential outflow rates and funding factors to these deposits, recognizing the anti-fraud protection as an established relationship. The regulator strongly encourages institutions to implement Money Safe or similar interim measures and to proactively promote them to customers.