Explains how the MA exercises the §51A power to approve the establishment or acquisition of an overseas banking subsidiary: the parties needing approval, the approval procedure, the major assessment considerations (the AI's financial position and management, the host supervisory regime, the HKMA's ability to supervise on a consolidated basis), notices of objection, conditions attached, revocation and the right of appeal. Classification: a statutory guideline issued by the Monetary Authority under the Banking Ordinance §7(3); version V.1, 28.12.01; applies to locally incorporated AIs and their locally incorporated holding companies.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.