HKMA SPM
Operational, technology, climate, reputation, strategic and recovery (OR, TM, GS, RR, SR, RE) – HKMA SPM

HKMA SPM RE-1: RE-1 Recovery Planning

Gives the key elements of recovery planning and how the MA's powers under the Banking Ordinance apply: the content of a recovery plan (governance structure and oversight, the menu of recovery options, recovery triggers, impact assessment, stress scenarios, credibility of options, disposal options, eligibility for central bank facilities, communication plan); the statutory requirements (§68C to §68I: preparing, maintaining and submitting the plan, revising and implementing it, notification, holding companies, offences); and the HKMA's assessment approach. Classification: a statutory guideline issued by the Monetary Authority under the Banking Ordinance §7(3); version V.2, 19.06.20; applies to all AIs.

Maintained by Gerard BlokdykControl text last updated

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