On 15 Aug 2025, the HKMA confirmed the expiration of the negative vetting period for three amended banking rules without extension, with the rules set to take effect on 1 January 2026. The amendments relate to capital requirements, disclosure obligations, and exposure limits for authorized institutions.
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Implementation of Amended Banking Rules
On 15 Aug 2025, the Hong Kong Monetary Authority (HKMA) notified all Authorized Institutions that the 28-day negative vetting period for three amended banking rules has expired without extension, confirming their implementation on 1 January 2026. The rules affected are the Banking (Capital) (Amendment) Rules 2025, Banking (Disclosure) (Amendment) Rules 2025, and Banking (Exposure Limits) (Amendment) Rules 2025.
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