Chapter:	155M	Title:	Banking (Disclosure) Rules	Gazette Number:	L.N. 229 of 2006; L.N. 232 of 2006
Section:	25	Heading:	General disclosures	Version Date:	01/01/2007

(1) An authorized institution shall disclose a breakdown of its cross-border claims by major countries or geographical segments in accordance with—

(a) the location of the counterparties; and
(b) the types of counterparties, broken down into banks, public sector entities and others.

(a) the amount of impaired loans and advances to customers which are individually determined to be impaired and, if available, overdue loans and advances to customers, disclosed separately broken down by major countries or geographical segments;
(b) the amounts of specific provisions allocated in respect of the loans and advances referred to in paragraph (a); and
(c) that portion of its collective provisions which is allocated to any country or geographical segment.

(a) subject to paragraph (b), includes—
(i) receivables and loans and advances;
(ii) cash and balances and placements with banks (including loans and advances to banks);
(iii) holdings of certificates of deposit, bills, promissory notes, commercial paper, other debt instruments and investments; and
(iv) accrued interest and overdue interest on the assets referred to in subparagraphs (i), (ii) and (iii);
(b) does not include—
(i) claims arising between the institution and its branches or subsidiaries;
(ii) claims on a counterparty in Hong Kong, except to the extent that such claims are guaranteed by a person outside Hong Kong;
(iii) claims on a counterparty outside Hong Kong, to the extent that such claims are guaranteed by a person in Hong Kong;
(iv) claims on a branch of a bank located in Hong Kong, except where the head office of the bank is located outside Hong Kong; or
(v) claims on a branch of a bank located outside Hong Kong, where the head office of the bank is located in Hong Kong;

(a) in relation to an authorized institution's cross-border claims, means a country or geographical segment, as the case may be, to which not less than 10% of the institution's total cross-border claims are attributable after taking into account any recognized risk transfer; or
(b) in relation to loans and advances to customers, means a country or geographical segment, as the case may be, to which not less than 10% of the institution's total amount of loans and advances to customers are attributable after taking into account any recognized risk transfer;

(a) in relation to a cross-border claim of an authorized institution, means that—
(i) the claim is guaranteed by a person in a country which is different from that of the counterparty; or
(ii) the claim is on an overseas branch of a bank and the head office of the bank is located in a country which is different from that of the overseas branch; or
(b) in relation to loans and advances to a customer of an authorized institution, means that the loans and advances are guaranteed by a person in a country which is different from that of the customer.