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531.2511

Guidelines

Authorization

No. 1.1 The three-tier system (8 March 1989)

No. 1.2 Restricted licence banks (22 January 1990)

No. 1.3 Mergers, takeovers or restructurings of authorized institutions (17 January 1992)

No. 1.4 General Consent granted by the Monetary Authority under Section 97(1) of the Banking Ordinance (24 December 2015) (PDF File, 45KB)

No. 1.4.1 Guideline on specific consent to use banking names and descriptions (November 2000) (PDF File, 50KB)

No. 1.5 Guideline on Minimum Criteria for Authorization (18 November 2016) (PDF File, 183KB)

No. 1.6 Guideline on activities that can be conducted at regional offices and back offices by overseas incorporated banks and restricted licence banks which are subject to the "One Building" condition (15 November 1995)

No. 1.7 Banking (Amendment) Ordinance 1997 (May 1997)

Supervisory Approach

No. 2.1 Supervisory approach (February 1989)

No. 2.2 The Supervision of Cross-border Banking (18 October 1996)

Self-regulation and Ethics

No. 3.1 The duties and responsibilities of directors of authorized institutions (September 1991) (superseded)

Guideline on Corporate Governance of Locally Incorporated Authorized Institutions (May 2000) (superseded by CG-1 of the Supervisory Policy Manual)

No. 3.1.1 Appointment of alternate directors (November 1995) (superseded by CG-1 of the Supervisory Policy Manual)

No. 3.2 Code of conduct (November 1986) (superseded by CG-3 of the Supervisory Policy Manual)

No. 3.3 Guideline on Anti-Money Laundering and Counter-Terrorist Financing (Revised in March 2015) (PDF File, 987KB)

No. 3.3 Guideline on Prevention of Money Laundering (Revised in July 2010) (superseded)

  • Supplement to the Guideline on Prevention of Money Laundering and Interpretative Notes (July 2010) (superseded)

No. 3.3.1 Organized and Serious Crimes Ordinance (reporting of transactions suspected to be related to indictable offences) (January 1995)

No. 3.3.2 Drug trafficking (recovery of Proceeds) (Amendment) Ordinance 1995 Organized & Serious Crimes (Amendment) Ordinance 1995 (6 October 1995)

No. 3.3.3 Financial Action Task Force - Forty Recommendations (24 July 1996)

No. 3.4 Debt collection (17 March 1993)

No. 3.4.1 Debt collection agencies (3 May 1996)

No. 3.5 Custody by authorized institutions of customers' passports (29 June 1995)

No. 3.6 Referees in applications for credit cards or loans (January 1996) (superseded by CR-S-5 of the Supervisory Policy Manual)

No. 3.6.1 Code of Banking Practice -- Personal Referees and Recovery of Loans and Advances (6 August 1996)

No. 3.7 Personal Data (Privacy) Ordinance (23 February 1996)

No. 3.7.1 Personal Data (Privacy) Ordinance (25 March 1996)

No. 3.7.2 Personal Data (Privacy) Ordinance (19 December 1996)

No. 3.7.3 Code of Practice on Identity Card Number and other Personal Identifiers (19 December 1997)

No. 3.8 Outsourcing of Data Processing Operations (July 1996) (superseded by SA-2 of the Supervisory Policy Manual)

No. 3.9 Sex Discrimination Ordinance and Disability Discrimination Ordinance (5 July 1996)

No. 3.10 Weapons of Mass Destruction (Control of Provision of Services) Ordinance (24 June 1997)

Capital Adequacy

No. 4.1.1 Capital adequacy (general supervisory framework) (8 September 1988)

No. 4.1.2 Revised capital adequacy ratio (20 October 1989)

No. 4.2.1 Capital adequacy (surplus arising from revaluation of premises) (17 January 1990)

No. 4.2.2 Capitalization of property revaluation reserves (27 February 1992)

No. 4.3 Capital adequacy (treatment of general provisions) (29 November 1991)

No. 4.4 Amendment to the 1988 Capital Accord for Bilateral Netting (6 February 1995)

No. 4.4.1 Amendments to the 1988 Capital Accord for Bilateral Netting (29 June 1995)

No. 4.4.2 Guideline on maintenance of adequate capital against market risk (November 1997)
(superseded by CA-G-2 of the Supervisory Policy Manual)

No. 4.5 Capital Adequacy Return -- Amendments to the Third Schedule to the Banking Ordinance (10 April 1997)

No. 4.6 Guideline on supervisory treatment on asset securitisation and mortgage backed securities (August 1997) (superseded by CR-G-12 of the Supervisory Policy Manual)

Credit Exposures

No. 5.1 Loan approvals, records and provisions (August 1987) (superseded by CR-G-2 of the Supervisory Policy Manual)

No. 5.1.1 Motor vehicle financing (3 August 1992)

No. 5.1.2 New share financing (April 1993) (superseded by CR-S-4 of the Supervisory Policy Manual)

No. 5.1.3 Financing of the subscription of new share issues (May 1993) (superseded by CR-S-4 of the Supervisory Policy Manual)

No. 5.1.4 Role of the receiving banking in new share issues (February 1994) (superseded by CR-S-4 of the Supervisory Policy Manual)

No. 5.2.1 Consolidated supervision of concentration risks under Part XV (October 1991) (superseded by CR-L-1 of the Supervisory Policy Manual)

No. 5.2.1B Consolidated supervision of concentration risks under Part XV (Solo consolidation: exceptions on de minimis grounds) (November 1991) (superseded by CR-L-1 of the Supervisory Policy Manual)

No. 5.2.2 Exemption of financial exposures which are secured by cash deposits, government securities, guarantees, or guarantees under section 81 (July 1992) (superseded by CR-L-2 of the Supervisory Policy Manual)

No. 5.2.3 Letters of comfort: section 81 (July 1993) (superseded by CR-L-3 of the Supervisory Policy Manual)

No. 5.2.4 Underwriting of securities : sections 81 & 87 (October 1991) (superseded by CR-L-4 of the Supervisory Policy Manual)

No. 5.3 Specification of factors for off-balance sheet exposures under section 81(3) of the Banking Ordinance (October 1991) (superseded by CR-G-8 of the Supervisory Policy Manual)

No. 5.4 Lending to stockbrokers (12 April 1991)

No. 5.4.1 Money Lenders Ordinance (28 May 1998)

No. 5.5 Advances against security of own shares (October 1990) (superseded by CR-G-7 of the Supervisory Policy Manual)

No. 5.6 Booking of loans (April 1994) (superseded by CR-G-2 of the Supervisory Policy Manual)

No. 5.7 Loan classification system (2 September 1994)

No. 5.7.1 Loan classification system (loans to be reported as "Special Mention") (7 November 1994)

No. 5.8 The provision of mortgage finance to end users in conjunction with property developers (3 March 1995)

No. 5.8.1 Co-financing schemes in relation to residential mortgage lending (30 October 1995)

No. 5.9 Property lending (18 February 1994)

No. 5.9.1 Property lending (13 September 1995)

No. 5.9.2 The use of personal loans to compete for residential mortgage business (12 September 1996)

No. 5.9.3 Criteria for property lending (28 January 1997)

No. 5.9.4 Property Lending (28 July 1997)

No. 5.9.5 : Withdrawal of the HKMA's 40% Guideline (28 July 1998)

No. 5.10 Credit Reference Agency (9 March 1998)

No. 5.11 Proposed Regulation on Share Margin Financing (May 1998) (superseded by CR-S-4 of the Supervisory Policy Manual)

Liquidity Management

No. 6.1 Maturity profile return (28 February 1992) (superseded)

No. 6.2 The supervision of liquidity (January 1994) (superseded by LM-1 of the Supervisory Policy Manual)

No. 6.2.1 Treatment of revolving loans in the statutory liquidity ratio (27 May 1994) (superseded by LM-1 of the Supervisory Policy Manual)

No. 6.2.2 Liquidity Ratio -- Recognition of Rating Agencies (17 May 1996) (superseded)

No. 6.2.2A Recognized Credit Rating Agencies for Regulatory Purposes (22 December 1997) (superseded)

No. 6.2.2B Recognized Credit Rating Agencies for Regulatory Purposes (9 April 1998) (superseded)

No. 6.2.3 Lquidity Ratio - Undrawn Commitments (April 1997) (superseded by LM-1 of the Supervisory Policy Manual)

No. 6.2.4 Liquidity Ratio and Credit Exposures (December 1997) (superseded by LM-1 of the Supervisory Policy Manual)

No. 6.3 Real Time Gross Settlement System (17 July 1996)

No. 6.3.1 Real Time Gross Settlement System (25 October 1996)

No. 6.3.2 Real Time Gross Settlement -- liquidity management measures (16 November 1996)

Foreign Exchange

No. 7.1 Supervision of foreign exchange risks (May 1990) (superseded by TA-2 of the Supervisory Policy Manual)

No. 7.2 Leveraged foreign exchange trading rules (19 December 1994)

No. 7.3 (Number not in use)

No. 7.4 Leveraged foreign exchange trading -- marketing of contracts through calls (Superseded by 7.4.1) (16 November 1995) ( Please refer to Guideline 7.4.1)

No. 7.4.1 Guideline on leveraged foreign exchange trading issued under S.7(3) (superseded by SB-2 of the Supervisory Policy Manual)

No. 7.5 Leveraged Foreign Exchange Trading Conduct for unsolicited calls and Appraisal of customers (March 1996) (superseded by SB-2 of the Supervisory Policy Manual)

No. 7.6 Introduction of Euro (12 June 1998)

No. 7.6.1 Prudential Reporting of Euro (8 September 1998)

Country Debt Provisioning

No. 8.1 Country debt provisioning (December 1993) (superseded by CR-G-5 of the Supervisory Policy Manual)

Auditors

No. 9.1 Banking Ordinance : Section 61 (reporting by auditors under section 61) (December 1990) (superseded by IC-3 of the Supervisory Policy Manual)

No. 9.2 Auditor's certificates on statistical returns (July 1991) (superseded by IC-3 of the Supervisory Policy Manual)

No. 9.3 Internal control system (August 1992) (superseded by IC-3 of the Supervisory Policy Manual)

No. 9.3.1 Telegraphic Transfer Fraud (19 July 1996)

Establishment of Overseas Banking

No. 10.1 Establishment of overseas banking subsidiaries (section 51A of the Banking Ordinance) (December 1993) (superseded by CG-4 of the Supervisory Policy Manual)

Financial Disclosure

Financial Disclosure by Locally Incorporated Authorized Institutions (Supervisory Policy Manual FD-1), 8 November 2002

English (PDF File, 1.11MB)
Chinese (PDF File, 562KB)

Interim Financial Disclosure by Locally Incorporated Authorized Institutions (Supervisory Policy Manual FD-2), 8 November 2002

English (PDF File, 457KB)
Chinese (PDF File, 227KB)

Financial Disclosure by Overseas Incorporated Authorized Institutions (Supervisory Policy Manual FD-3), 8 November 2002

English (PDF File, 507KB)
Chinese (PDF File, 239KB)

Derivatives

No. 12.1 Risk management guidelines for derivatives (19 December 1994)

No. 12.2 Guideline on Risk Management of Derivatives and Other Traded Instruments (27 March 1996)

No. 12.2.1 Guideline on Risk Management of Derivatives and Other Traded Instruments -- Chinese version (8 October 1996)(PDF File, 3.23MB)

Exempt Dealer

No. 13.1 Supervision of exempt dealers (December 1995) (superseded by SB-1 of the Supervisory Policy Manual)

Regulatory Reporting

No. 14.1 Working Group on Regulatory Reporting (30 October 1996)

No. 14.2 Treatment of interbank clearing items in regulatory returns (15 January 1997)

Electronic Banking

No. 15.1 Electronic Banking (July 1997) (superseded by TM-E-1 of the Supervisory Policy Manual)

No. 15.1.1 Security of Banking Transactions over the Internet (November 1997) (superseded by TM-E-1 of the Supervisory Policy Manual)

No. 15.2 Basle Committee on Banking Supervision's Paper on 'Risk Management for Electronic Banking and Electronic Money Activities' (21 April 1998)
(superseded by TM-E-1 of the Supervisory Policy Manual)

No. 15.3 Public Key Infrastructure and Legal Environment for Development of Internet Banking (October 1998) (superseded by TM-E-1 of the Supervisory Policy Manual)

Authorization of Virtual Banks (21 September 2012) (PDF File, 104KB)

Guidance Note on Management of Security Risks in Electronic Banking Services (6 July 2000) (superseded by TM-E-1 of the Supervisory Policy Manual)

Guidance Note on Independent Assessment of Security Aspects of Transactional E-banking Services (26 September 2000) (superseded by TM-E-1 of the Supervisory Policy Manual)

Year 2000

No. 16.1 Year 2000 Problem (4 October 1997)

No. 16.2 Year 2000 Problem (3 April 1997)

No. 16.3 Formal statement by Chief Executive of Year 2000 compliance progress (11 May 1998)

No. 16.4 Guidance on the Independent Assessment of Year 2000 Preparations (30 July 1998)

No. 16.5 Testing for Year 2000 Readiness (30 September 1998)

No. 16.6 Year 2000 Counterparty Assessment (7 October 1998)

No. 16.7 Year 2000 Testing with External Parties (16 October 1998)

Enforcement

No. 17.1 Guideline on Exercising Power to Impose Pecuniary Penalty (29 June 2012)

No. 17.2 Guideline on Exercising Disciplinary Power to Order a Pecuniary Penalty under Section 203C(1) of the Securities and Futures Ordinance in respect of the OTC Derivatives Regime (September 2016)

Last revision date: 26 April 2017
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