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This note provides an update and assessment of developments in insurance supervision since 2014. It is part of the 2020 Financial Sector Assessment Program (FSAP) for the Hong Kong SAR (HKSAR) and draws on discussions there from September 10 to 24, 2019. It has not been updated for the impact of...
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As a follow-up to the 2019 FSSR, a remote TA mission supported the RBZ with the implementation of Basel III liquidity … management and relevant supervisors, and provided many recommendations on enhancing the drafts of liquidity regulations …, monitoring tools, reporting templates, and disclosure. Further actions for implementing Basel III liquidity standards were agreed …
Persistent link: https://www.econbiz.de/10013168857
This virtual technical assistance (TA) mission assisted the Agency in strengthening liquidity elements of its risk … the assessment of banks' ILAAP and setting individual Pillar 2 supervisory liquidity requirements and provided guidance on … stress testing and sensitivity analysis through survival horizon analysis. The mission consisted of a combination of …
Persistent link: https://www.econbiz.de/10013168865
Despite a more favorable external environment, marked by the rebound in global growth, fast-increasing oil prices, and unprecedented Fund financial support, CEMAC is ending 2021 in a fragile external position. Net external reserves fell throughout 2021 to reach their lowest level in decades, and...
Persistent link: https://www.econbiz.de/10013169194
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Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China. Over the past two years, Hong Kong SAR's economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global...
Persistent link: https://www.econbiz.de/10012604066
significantly invested in by non-HKSAR residents and are therefore reactive to international liquidity and price conditions. Locally …
Persistent link: https://www.econbiz.de/10012604077