Letter to authorised institutions says regulator intends to follow Basel Committee timeline.
Buffer to be raised to 1.25 percent from 1 January 2017 amid credit, property market concerns.
Banks outside ‘Big 4’ and Macquarie able to reduce risk weightings on some types of loan.
Hong Kong SFC reprimands investment bank for short-selling, principal trading and dark pool failings.
SFC uncovers 81 anti-money laundering breaches in third quarter of 2015.
Hong Kong regulator’s consultation focuses on applying automated trading regulation to OTC derivatives.
Existing issuers and new market operators of store-value facilities have one year to apply for HKMA license.
Letter to Hong Kong institutions reiterates need for AML/CFT countermeasures, scrutiny on Iran, North Korea and Myanmar.
Sources suggest move is to take advantage of favourable funding and regulatory environment as changes in the US and Europe lift costs.
Amendments align certain aspects of the Banking (Capital) Rules more closely with the relevant Basel III standards.