HKMA Proposes Changes to Module on Supervision of Concentration Risk

The proposed revisions are in response to the recommendations from a BCBS-formed assessment team, which has recently reviewed local implementation of BCBS standards on large exposures. A revised version of this module is attached in the Annex to the circular for reference. Since the revisions are editorial and do not involve any change in policies, any real impact is not expected on the industry. To complete the revisions by the timeline imposed by the assessment team, HKMA will arrange to publish the revised module in the Gazette in December 2019. 

Keywords: Asia Pacific, Hong Kong, Banking, Concentration Risk, BELR, Supervisory Policy Manual, Large Exposures, Credit Risk, BCBS, HKMA