Hong Kong Monetary Authority (HKMA)
HKMA amends FX risk guidelines
Daily news headlines
HKMA urges firms to heed Lehman advice
Daily news headlines
HKMA addresses reputational risk
Daily news headlines
HKMA issues further AML guidance
Daily news headlines
HKMA “strongly recommends” PEPs profiling
Daily news headlines
HKMA issues open letter for compliance with SFO
Daily news headlines
HKMA publishes new return of capital adequacy requirements
Following the passage of the Banking (Capital) Rules in December 2006, the Hong Kong Monetary Authority (HKMA) has finalised the new return of capital adequacy requirements and its completion instructions.
Time for change
Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports
HKMA out with new SPM
HKMA issues a supervisory policy manual (SPM) on the “Use of Internal Models Approach to Calculate Market Risk”.
HKMA finalises its new rules for Banking Capital and Disclosure
The results of the process will be implemented from start of January 2007
Regional co-operation and micro and macro supervision are key to EMEA financial stability
Extra prudential pillars must bolster Basel pillars in Asian markets, says HKMA deputy chief executive.
HKMA releases draft Basel II rules for consultation
The complete draft rules for implementing Basel II in Hong Kong have been published.
Overview of risk-based supervision in Hong Kong
In its recent report on emerging markets, the Bank for International Settlements provided a summary of the latest efforts of the Hong Kong Monetary Authority (HKMA) to enhance the efficacy of its risk management.
HKMA publishes consultation for Basel II rules
The Hong Kong Monetary Authority (HKMA) has released the draft rules that will frame Basel II. The rules set out different approaches to determine capital adequacy, which are due to be adopted in Hong Kong by January 2007.
HKMA finalises policy on ECAIs for Basel II
The Hong Kong Monetary Authority (HKMA) has released its policy paper on the recognition of External Credit Assessment Institutions (ECAIs). The HKMA has assessed a number of ECAIs that may be recognised for the standardised approach for the calculation…
HKMA publishes plans for Basel II implementation
The Hong Kong Monetary Authority (HKMA) today published its annual report for 2005, in which the authority announces its current progress with Basel II implementation and tasks due to be completed this year.
Hong Kong prepared for implementation with major financial capitals
Simon Topping, executive director of banking policy at the Hong Kong Monetary Authority (HKMA), has stated that Hong Kong will be ready to implement Basel II in tandem with London, Paris, Frankfurt and Tokyo. According to Topping, timely implementation…
Perspectives - Simon Topping
Simon Topping, Executive director, banking policy, Hong Kong Monetary Authority
Asia’s op risk quantification challenge
Asia’s regional regulators have mixed opinions when it comes to operational risk, finds Ellen Davis
Setting a timetable
Regulators in Australia and Japan are the latest to set deadlines for their banks to comply with Basel II, and both differ slightly from the Basel Committee’s schedule. Nick Sawyer reports
HKMA takes the lead
The Hong Kong Monetary Authority has put together its national implementation guidelines for Basel II, making it one of the first regulators globally to detail its qualifying criteria for those banks aiming for the internal ratings-based approaches in…