On 09 Sep 2025, the HKMA extended the implementation timeline for the Revised Return on Liquidity Monitoring Tools (MA(BS)23) to 30 June 2026, following AI feedback on implementation challenges. The HKMA will concurrently collect targeted liquidity data from selected institutions to ensure continuity in supervisory oversight during the transition period.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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Implementation Timeline Extension
On 09 Sep 2025, the Hong Kong Monetary Authority (HKMA) announced an extension to the implementation timeline for the Revised Return on Liquidity Monitoring Tools (MA(BS)23), following feedback from Authorized Institutions (AIs) regarding challenges in meeting the original deadline. The HKMA has deferred the first reporting position from 31 December 2025 to 30 June 2026 to provide AIs with additional time for necessary system enhancements, while ensuring timely collection of critical liquidity data.
Targeted Data Collection Approach
To maintain supervisory capabilities during the transition period, the HKMA will engage selected AIs individually to solicit liquidity information that mirrors data elements to be captured under the revised MA(BS)23. This targeted approach balances the need for AIs to prepare adequately for the new reporting framework with the HKMA's requirement to proceed with planned enhancements to supervisory surveillance and stress testing.
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