(Source: HKMA - Hong Kong Monetary Authority) Consultation on establishing an effective resolution regime for financial institutions in Hong Kong launched The Government and the financial regulators, namely the Hong Kong Monetary Authority, the Securities and Futures Commission and the Insurance Authority, today (January 7) launched the first stage of public consultation for three months on establishing an effective resolution regime for financial institutions, including financial market infrastructures, in Hong Kong. "The establishment of an effective resolution regime for financial institutions in Hong Kong is required to meet the latest international standards for the...
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