HK authorities may bring shadow banks into resolution regime

Plans for resolution regime are advancing, with legislation expected by the end of the year; unregulated financial institutions can still be covered by the regime

Hong Kong

Hong Kong is planning to extend the scope of its resolution regime to shadow banks as well as conventional banks, as it presses ahead with legislation, the Hong Kong Monetary Authority (HKMA) said on October 9.

A joint publication by the HKMA, Financial Services and Treasury Bureau, Security and Futures Commission and the Insurance Authority sets out responses to a consultation on the regime, and details the government response.

The plans include a "designation power", under which financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a 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