Hong Kong hoping for LCR work-around, says HKMA’s Kemp


Hong Kong's banks should have no difficulty meeting the new capital ratios agreed as part of the Basel III framework, but the territory - like a number of other jurisdictions worldwide - will find it harder to satisfy the framework's liquidity standards as they are currently drafted, says Karen Kemp, executive director for banking policy at the Hong Kong Monetary Authority (HKMA).

In an interview with Risk, Kemp says Hong Kong is in the same boat as other markets with large banking sectors relat

To continue reading...

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 indvidual account here: