On 20 Dec 2024, the HKMA issued revised MA(BS)25 (03/2025) for quarterly CCyB reporting under the Banking Ordinance, requiring authorized institutions to submit combined/consolidated returns within one month after each quarter-end. The updated form standardizes reporting on private sector credit exposures and mandates certification by senior management.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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Revised CCyB Reporting Form Issued
On 20 Dec 2024, the Hong Kong Monetary Authority (HKMA) issued a revised form MA(BS)25 (03/2025) for quarterly reporting on the Countercyclical Capital Buffer (CCyB) under the Banking Ordinance. This revision updates the Combined/Consolidated Return for CCyB, replacing the previous version to align with current regulatory requirements.
Key Reporting Requirements
The revised MA(BS)25 form mandates authorized institutions to submit quarterly CCyB reports within one month after the end of each reporting quarter. The form requires detailed reporting on exposures to private sector credit, including approaches under CCPs (BCR Division Exposures), Part and (Sum of Columns), and applicable country counts, as specified in the completion instructions. Institutions must certify the accuracy of submissions via the Chief Accountant and Chief Executive.
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