Hong Kong Monetary Authority (HKMA)

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…

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…

Emerging nations consider Basel II

Latin America will be the non-OECD continent with the highest percentage of banking assets under the various Basel II op risk approaches according to a new study completed by the Financial Stability Institute.

HKMA to rule out AMA approach

Hong Kong's banking regulator, the Hong Kong Monetary Authority (HKMA), will not allow the territory's banks to use the advanced measurement approaches (AMA) for measuring operational risk when Basel II is implemented from the end of 2006.

HKMA to rule out AMA approach

Hong Kong’s banking regulator, the Hong Kong Monetary Authority (HKMA), will not allow the territory’s banks to use the advanced measurement approaches (AMA) for measuring operational risk when Basel II is implemented from the end of 2006.

Top six HK banks may adopt IRB

As many as six Hong Kong banks may implement the internal ratings-based approach (IRB) to Basel II by the end of 2006, potentially accounting for as much as 50% of Hong Kong's banking assets, says Simon Topping, executive director of banking policy at…

Hong Kong to adopt loose approach to Basel II

The Hong Kong Monetary Authority, the financial regulator for the special administrative region of China, will not be mandating that certain types of banks adopt certain portions of the revised Basel Accords, according to a speech by Simon Toping,…

Taking it slow

Hong Kong's banks are, for the most part, targeting the standardised approach outlined in the new Basel capital Accord, but it is hoped that this will act as a catalyst for the further improvements in risk management.

HKMA to form direct link to Euroclear

The Hong Kong Monetary Authority (HKMA) and Euroclear plan to build a direct link between the HKMA’s central money markets unit (CMU) and the Brussels-based international central securities depository.

Accounting for error

A new discussion paper on operational risk has been published, but with many banks in Asia still struggling with non-performing loans, some bankers question the ability of troubled banks to cope with this charge. AsiaRisk investigates.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here