HKMA releases draft Basel II rules for consultation

The complete draft rules for implementing Basel II in Hong Kong have been published.

Bank regulators in Hong Kong have released the proposed Banking (Disclosure) Rules. Coupled with the Banking (Capital) Rules, the disclosure rules complete the draft regulation for Basel II, which is due to be implemented from January 1 of next year.

According to the Hong Kong Monetary Authority (HKMA), the draft includes feedback from several other consultations with industry stakeholders. Comments are currently being sought to review detailed requirements, which will be taken into account in

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