HKMA Quarterly Bulletin (December 2012 Issue)

The Hong Kong Monetary Authority (HKMA) today (Wednesday) published the December 2012 issue of its Quarterly Bulletin.

This Quarterly Bulletin carries the following two feature articles:

• Results of surveys on selected debt securities and off-balance sheet exposures to derivatives and securitisations – covering reported exposures of surveyed authorized institutions at the end of December 2011 and June 2012, and regulatory developments relating to the first phase of Basel III implementation including enhancements to the regulatory capital framework for counterparty credit risk exposures arising from over-the-counter derivatives and securities financing transactions.
• How do we monitor Hong Kong dollar fund flows – explaining how economists at the HKMA monitor Hong Kong dollar fund flows, and the concepts and indicators they use to form a judgment about the associated risks.

This issue also carries the regular articles on the global and local economy, and the banking environment.

The Quarterly Bulletin can be viewed on and downloaded from the HKMA website.

Hong Kong Monetary Authority
19 December 2012