Community
The Hong Kong Monetary Authority (HKMA) has issued a circular on Basel III implementation, setting out the final version of the standard templates (including associated explanatory text) to be used by locally incorporated authorised institutions for the purpose of making disclosures in relation to their capital base under the Banking (Disclosure) (Amendment) Rules 2013. The HKMA requires authorised institutions to ensure that they use the standard templates to meet the disclosure obligations required under the rules by making interim and annual financial disclosures relating to a balance sheet date on or after 30 June 2013.
Related link:
http://www.hkma.gov.hk/media/eng/doc/key-information/guidelines-and-circular/2013/20130819e2.pdf
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Sergiy Fitsak Managing Director, Fintech Expert at Softjourn
26 February
Alex Kreger Founder & CEO at UXDA
25 February
Carlo R.W. De Meijer Owner and Economist at MIFSA
Sujatha Venkatraman Product Director Payments at Temenos
24 February
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.