The new rules revise how risk weights are measured, enhance supervision of the banking sector and improve information disclosure requirements.
November 3, 2023HKMC Insurance has announced an increase in the maximum LTV ratios for self-occupied properties under construction.
September 25, 2023The FSS management cautions and improvement requests to the National Federation of Fisheries Cooperatives for a failed overseas investment.
September 25, 2023This is the first time the HKMA has relaxed the countercyclical macroprudential measures for residential properties since they were implemented in 2009.
July 10, 2023Steering Committee proposes to have a period of active transition until 30 April 2024, before banks initiate an industry-wide automatic conversion process around June 2024.
March 16, 2023The new rules propose to classify banks into three categories based on their business scale and risk levels and treat them differently based on their classification.
February 20, 2023The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.
February 1, 2023The CVA results suggest that climate risk impacts and bank loan losses are likely to be concentrated in specific regions and industries.
December 1, 2022The new "customised countermeasures" are aimed at enabling actual buyers rather than speculators to obtain property loans from banks.
November 12, 2022A KRW 50 trillion liquidity support package will also be launched to help SMEs and startups burdened by high interest rates and provide financing for their future growth.
November 2, 2022