HKMA backs public ownership as resolution tool

hong-kong-night-time

The Hong Kong Monetary Authority (HKMA) believes that temporary public ownership of failed financial institutions should be included in the country's resolution regime.

The Hong Kong authorities today released proposals for a new resolution regime, in an attempt to bring domestic practices up to international standards, and are inviting public feedback.

The Financial Stability Board (FSB) established best practice for resolving systemically important institutions – the so-called Key Attributes

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.