Chapter Number and Title of Enactment
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Chapter: | 155L | Title: | Banking (Capital) Rules |  | |
: If this pencil mark appears at the beginning of a provision, that provision is subject to amendments that are already in operation but have not yet been incorporated in its text.
| Cap 155L | Empowering section | |
| Cap 155L Part 1 | Preliminary | |
| Cap 155L s 1 | (Omitted as spentˇXE.R. 1 of 2012) | |
| Cap 155L s 2 | Interpretation | |
| Cap 155L Part 1A | Capital Adequacy Ratio | |
| Cap 155L s 3 | Interpretation of Part 1A | |
| Cap 155L s 3A | Minimum capital adequacy ratio applicable to authorized institutions in 2013 and 2014 | |
| Cap 155L s 3B | Minimum capital adequacy ratio applicable to authorized institutions from 2015 | |
| Cap 155L s 3C | Monetary Authority may require authorized institution that has any subsidiary to calculate capital adequacy ratio on unconsolidated or consolidated basis, etc. | |
| Cap 155L s 3D | Authorized institution must notify Monetary Authority of failure to have minimum capital adequacy ratio | |
| Cap 155L Part 2 | Prescribed Approaches in Relation to Calculation of Capital Adequacy Ratio | |
| Cap 155L Part 2 Division 1 | General | |
| Cap 155L s 4 | Interpretation of Part 2 | |
| Cap 155L s 4A | Valuation of exposures measured at fair value | |
| Cap 155L Part 2 Division 2 | Prescribed Approaches to Calculation of Credit Risk for Non-securitization Exposures | |
| Cap 155L s 5 | Authorized institution shall only use STC approach, BSC approach or IRB approach to calculate its credit risk for non-securitization exposures | |
| Cap 155L s 6 | Authorized institution may apply for approval to use BSC approach to calculate its credit risk for non-securitization exposures | |
| Cap 155L s 7 | Minimum requirements to be satisfied for approval under section 6(2)(a) to use BSC approach | |
| Cap 155L s 8 | Authorized institution may apply for approval to use IRB approach to calculate its credit risk for non-securitization exposures | |
| Cap 155L s 9 | Circumstances in which Monetary Authority shall take into account assessment outside Hong Kong of rating system used by authorized institution | |
| Cap 155L s 10 | Measures which may be taken by Monetary Authority if authorized institution using BSC approach or IRB approach no longer satisfies specified requirements | |
| Cap 155L s 10A | Authorized institution must only use current exposure method, etc. to calculate its counterparty credit risk | |
| Cap 155L s 10B | Authorized institution may apply for approval to use IMM(CCR) approach to calculate its default risk exposures | |
| Cap 155L s 10C | Provisions supplementary to prescribed methods for calculation of CVA capital charge | |
| Cap 155L s 10D | Measures that may be taken by Monetary Authority if authorized institution using IMM(CCR) approach no longer satisfies specified requirements | |
| Cap 155L Part 2 Division 3 | Specific Requirements Relating to Use of IRB Approach | |
| Cap 155L s 11 | Minimum IRB coverage ratio | |
| Cap 155L s 12 | Exemption for exposures | |
| Cap 155L s 13 | Revocation of exemption under section 12 | |
| Cap 155L s 14 | Transitional arrangements | |
| Cap 155L Part 2 Division 4 | Prescribed Approaches to Calculation of Credit Risk for Securitization Exposures | |
| Cap 155L s 15 | Authorized institution shall only use STC(S) approach or IRB(S) approach to calculate its credit risk for securitization exposures | |
| Cap 155L s 16 | Authorized institution using IRB(S) approach shall use ratings-based method or supervisory formula method to calculate its credit risk for securitization exposures | |
| Cap 155L Part 2 Division 4A | Calculation of Credit Risk for Exposures to CCPs, etc. | |
| Cap 155L s 16A | Authorized institution must use Division 4 of Part 6A to calculate its credit risk for exposures to CCPs, etc. | |
| Cap 155L Part 2 Division 5 | Prescribed Approaches to Calculation of Market Risk | |
| Cap 155L s 17 | Authorized institution shall only use STM approach, IMM approach or approach used by parent bank to calculate its market risk | |
| Cap 155L s 18 | Authorized institution may apply for approval to use IMM approach to calculate its market risk | |
| Cap 155L s 18A | Transitional provisions applicable to approvals granted under section 18 as in force immediately before commencement date of Banking (Capital) (Amendment) Rules 2011 | |
| Cap 155L s 19 | Measures which may be taken by Monetary Authority if authorized institution using IMM approach no longer satisfies specified requirements | |
| Cap 155L s 20 | Authorized institution may apply for approval to use approach used by parent bank to calculate its market risk | |
| Cap 155L s 21 | Measures which may be taken by Monetary Authority if authorized institution using approach used by parent bank no longer satisfies specified requirements | |
| Cap 155L s 22 | Exemption from section 17 | |
| Cap 155L s 23 | Revocation of exemption under section 22 | |
| Cap 155L s 23A | Exemption from section 18 in respect of portfolio of market risk positions that fall within risk category | |
| Cap 155L s 23B | Revocation of exemption under section 23A | |
| Cap 155L Part 2 Division 6 | Prescribed Approaches to Calculation of Operational Risk | |
| Cap 155L s 24 | Authorized institution shall only use BIA approach, STO approach or ASA approach to calculate its operational risk | |
| Cap 155L s 25 | Authorized institution may apply for approval to use STO approach or ASA approach to calculate its operational risk | |
| Cap 155L s 26 | Measures which may be taken by Monetary Authority if authorized institution using STO approach or ASA approach no longer satisfies specified requirements | |
| Cap 155L Part 2 Division 7 | Calculation of Capital Adequacy Ratio: Solo Basis, Solo-consolidated Basis and Consolidated Basis | |
| Cap 155L s 27 | Authorized institution shall calculate its capital adequacy ratio on solo basis, solo-consolidated basis or consolidated basis | |
| Cap 155L s 28 | Authorized institution may apply for approval to calculate its capital adequacy ratio on solo-consolidated basis | |
| Cap 155L s 29 | Solo basis for calculation of capital adequacy ratio | |
| Cap 155L s 30 | Solo-consolidated basis for calculation of capital adequacy ratio | |
| Cap 155L s 31 | Consolidated basis for calculation of capital adequacy ratio | |
| Cap 155L s 32 | Provisions supplementary to section 31 | |
| Cap 155L s 33 | Exceptions to section 27 | |
| Cap 155L Part 2 Division 7A | Attachment of Conditions to Approvals Granted under Section 6(2)(a), 8(2)(a), 10B(2)(a), 18(2)(a), 20(2)(a) or 25(2)(a)* | |
| Cap 155L s 33A | Attachment of conditions to approvals granted under section 6(2)(a), 8(2)(a), 10B(2)(a), 18(2)(a), 20(2)(a) or 25(2)(a)* | |
| Cap 155L Part 2 Division 8 | Decisions to which Section 101B(1) of Ordinance Applies | |
| Cap 155L s 34 | Reviewable decisions | |
| Cap 155L Part 3 | Determination of Capital Base | |
| Cap 155L Part 3 Division 1 | General | |
| Cap 155L s 35 | Interpretation of Part 3 | |
| Cap 155L s 36 | Determination of capital base | |
| Cap 155L Part 3 Division 2 | Tier 1 Capital | |
| Cap 155L s 37 | Tier 1 capital | |
| Cap 155L s 38 | CET1 capital | |
| Cap 155L s 39 | Additional Tier 1 capital | |
| Cap 155L Part 3 Division 3 | Tier 2 Capital | |
| Cap 155L s 40 | Tier 2 capital | |
| Cap 155L s 41 | Provisions supplementary to section 40(1)(d) | |
| Cap 155L s 42 | Provisions supplementary to section 40(1)(f) | |
| Cap 155L Part 3 Division 4 | Regulatory Deductions | |
| Cap 155L s 43 | Deductions from CET1 capital | |
| Cap 155L s 44 | Provisions supplementary to section 43(1)(d), (l), (m), (n), (o), (p) and (q) | |
| Cap 155L s 45 | Provisions supplementary to section 43(1)(k) | |
| Cap 155L s 46 | Provisions supplementary to section 43(1)(n), (o), (p) and (q) | |
| Cap 155L s 47 | Deductions from Additional Tier 1 capital | |
| Cap 155L s 48 | Deductions from Tier 2 capital | |
| Cap 155L s 49 | (Repealed L.N. 156 of 2012) | |
| Cap 155L Part 4 | Calculation of Credit Risk for Non-securitization Exposures: STC Approach | |
| Cap 155L Part 4 Division 1 | General | |
| Cap 155L s 50 | Application of Part 4 | |
| Cap 155L s 51 | Interpretation of Part 4 | |
| Cap 155L Part 4 Division 2 | Calculation of Credit Risk under STC Approach, Exposures to be Covered in Calculation, and Classification of Exposures | |
| Cap 155L s 52 | Calculation of risk-weighted amount of exposures | |
| Cap 155L s 53 | On-balance sheet exposures and off-balance sheet exposures to be covered | |
| Cap 155L s 54 | Classification of exposures | |
| Cap 155L Part 4 Division 3 | Determination of Risk-weights Applicable to On-balance Sheet Exposures | |
| Cap 155L s 55 | Sovereign exposures | |
| Cap 155L s 56 | Exceptions to section 55 | |
| Cap 155L s 57 | Public sector entity exposures | |
| Cap 155L s 58 | Multilateral development bank exposures | |
| Cap 155L s 59 | Bank exposures | |
| Cap 155L s 60 | Securities firm exposures | |
| Cap 155L s 61 | Corporate exposures | |
| Cap 155L s 61A | Application of section 61 | |
| Cap 155L s 62 | Collective investment scheme exposures | |
| Cap 155L s 63 | Cash items | |
| Cap 155L s 63A | Failed delivery on transactions entered into on non-delivery-versus-payment basis | |
| Cap 155L s 64 | Regulatory retail exposures | |
| Cap 155L s 65 | Residential mortgage loans | |
| Cap 155L s 66 | Other exposures which are not past due exposures | |
| Cap 155L s 67 | Past due exposures | |
| Cap 155L s 68 | Credit-linked notes | |
| Cap 155L s 68A | Significant exposures to commercial entities | |
| Cap 155L s 69 | Application of ECAI ratings | |
| Cap 155L s 70 | Authorized institutions required to nominate ECAIs to be used | |
| Cap 155L Part 4 Division 4 | Calculation of Risk-weighted Amount of Authorized Institution's Off-balance Sheet Exposures | |
| Cap 155L s 70A | Application of sections 71(2) and (3), 72 and 73(b) and (c) | |
| Cap 155L s 71 | Off-balance sheet exposures | |
| Cap 155L s 72 | Provisions supplementary to section 71 | |
| Cap 155L s 73 | Calculation of credit equivalent amount of other off-balance sheet exposures not specified in Table 10 or 11 | |
| Cap 155L s 74 | Determination of risk-weights applicable to off-balance sheet exposures | |
| Cap 155L s 75 | Calculation of risk-weighted amount of exposures in respect of assets underlying SFTs booked in banking book* | |
| Cap 155L s 76 | Calculation of risk-weighted amount of exposures in respect of assets underlying SFTs booked in trading book | |
| Cap 155L s 76A | Calculation of risk-weighted amount of default risk exposures in respect of SFTs | |
| Cap 155L Part 4 Division 5 | Use of Recognized Collateral in Credit Risk Mitigation: General | |
| Cap 155L s 77 | Recognized collateral | |
| Cap 155L s 78 | Approaches to use of recognized collateral | |
| Cap 155L s 79 | Collateral which may be recognized for purposes of section 77(i)(i) | |
| Cap 155L s 80 | Collateral which may be recognized for purposes of section 77(i)(ii) | |
| Cap 155L Part 4 Division 6 | Use of Recognized Collateral in Credit Risk Mitigation: Simple Approach | |
| Cap 155L s 81 | Calculation of risk-weighted amount of exposures taking into account credit risk mitigation effect of recognized collateral under simple approach | |
| Cap 155L s 82 | Determination of risk-weight to be allocated to recognized collateral under simple approach | |
| Cap 155L s 83 | Calculation of risk-weighted amount of on-balance sheet exposures | |
| Cap 155L s 84 | Calculation of risk-weighted amount of off-balance sheet exposures other than OTC derivative transactions or credit derivative contracts* | |
| Cap 155L s 85 | Calculation of risk-weighted amount of OTC derivative transactions and credit derivative contracts* | |
| Cap 155L Part 4 Division 7 | Use of Recognized Collateral in Credit Risk Mitigation: Comprehensive Approach | |
| Cap 155L s 86 | Calculation of risk-weighted amount of exposures taking into account credit risk mitigation effect of recognized collateral under comprehensive approach | |
| Cap 155L s 87 | Calculation of net credit exposure of on-balance sheet exposures | |
| Cap 155L s 88 | Calculation of net credit exposure of off-balance sheet exposures other than credit derivative contracts or OTC derivative transactions* | |
| Cap 155L s 89 | Calculation of net credit exposure of credit derivative contracts and OTC derivative transactions* | |
| Cap 155L s 90 | Haircuts | |
| Cap 155L s 91 | Minimum holding periods | |
| Cap 155L s 92 | Adjustment of standard supervisory haircuts in certain circumstances | |
| Cap 155L s 93 | Calculation of risk-weighted amount of collateralized transactions under comprehensive approach | |
| Cap 155L Part 4 Division 8 | Use of Recognized Netting in Credit Risk Mitigation | |
| Cap 155L s 94 | On-balance sheet netting | |
| Cap 155L s 94A | Application of sections 95, 96 and 97 | |
| Cap 155L s 95 | Netting of OTC derivative transactions and netting of credit derivative contracts* | |
| Cap 155L s 96 | Netting of repo-style transactions | |
| Cap 155L s 97 | Use of value-at-risk model instead of Formula 9 | |
| Cap 155L Part 4 Division 9 | Use of Recognized Guarantees and Recognized Credit Derivative Contracts in Credit Risk Mitigation | |
| Cap 155L s 98 | Recognized guarantees | |
| Cap 155L s 99 | Recognized credit derivative contracts | |
| Cap 155L s 100 | Capital treatment of recognized guarantees and recognized credit derivative contracts | |
| Cap 155L s 101 | Provisions supplementary to section 100 | |
| Cap 155L Part 4 Division 10 | Multiple Recognized Credit Risk Mitigation and Maturity Mismatches | |
| Cap 155L s 102 | Multiple recognized credit risk mitigation | |
| Cap 155L s 103 | Maturity mismatches | |
| Cap 155L Part 5 | Calculation of Credit Risk for Non-securitization Exposures: BSC Approach | |
| Cap 155L Part 5 Division 1 | General | |
| Cap 155L s 104 | Application of Part 5 | |
| Cap 155L s 105 | Interpretation of Part 5 | |
| Cap 155L Part 5 Division 2 | Calculation of Credit Risk under BSC Approach, Exposures to be Covered in Calculation, and Classification of Exposures | |
| Cap 155L s 106 | Calculation of risk-weighted amount of exposures | |
| Cap 155L s 107 | On-balance sheet exposures and off-balance sheet exposures to be covered | |
| Cap 155L s 108 | Classification of exposures | |
| Cap 155L Part 5 Division 3 | Determination of Risk-weights Applicable to On-balance Sheet Exposures | |
| Cap 155L s 109 | Sovereign exposures | |
| Cap 155L s 110 | Exceptions to section 109 | |
| Cap 155L s 111 | Public sector entity exposures | |
| Cap 155L s 112 | Multilateral development bank exposures | |
| Cap 155L s 113 | Bank exposures | |
| Cap 155L s 114 | Cash items | |
| Cap 155L s 114A | Failed delivery on transactions entered into on non-delivery-versus-payment basis | |
| Cap 155L s 115 | Residential mortgage loans | |
| Cap 155L s 116 | Other exposures | |
| Cap 155L s 117 | Credit-linked notes | |
| Cap 155L s 117A | Significant exposures to commercial entities | |
| Cap 155L Part 5 Division 4 | Calculation of Risk-weighted Amount of Authorized Institution's Off-balance Sheet Exposures | |
| Cap 155L s 117B | Application of sections 118(2) and (3), 119 and 120(b) and (c) | |
| Cap 155L s 118 | Off-balance sheet exposures | |
| Cap 155L s 119 | Provisions supplementary to section 118 | |
| Cap 155L s 120 | Calculation of credit equivalent amount of other off-balance sheet exposures not specified in Table 14 or 15 | |
| Cap 155L s 121 | Determination of risk-weights applicable to off-balance sheet exposures | |
| Cap 155L s 122 | Calculation of risk-weighted amount of exposures in respect of assets underlying SFTs booked in banking book* | |
| Cap 155L s 123 | Calculation of risk-weighted amount of exposures in respect of assets underlying SFTs booked in trading book | |
| Cap 155L s 123A | Calculation of risk-weighted amount of default risk exposures in respect of SFTs | |
| Cap 155L Part 5 Division 5 | Use of Recognized Collateral in Credit Risk Mitigation | |
| Cap 155L s 124 | Recognized collateral | |
| Cap 155L s 125 | Collateral which may be recognized for purposes of section 124(h) | |
| Cap 155L s 126 | Calculation of risk-weighted amount of exposures taking into account credit risk mitigation effect of recognized collateral | |
| Cap 155L s 127 | Calculation of risk-weighted amount of on-balance sheet exposures | |
| Cap 155L s 128 | Calculation of risk-weighted amount of off-balance sheet exposures other than OTC derivative transactions or credit derivative contracts* | |
| Cap 155L s 129 | Calculation of risk-weighted amount of OTC derivative transactions and credit derivative contracts* | |
| Cap 155L Part 5 Division 6 | Use of Recognized Netting in Credit Risk Mitigation | |
| Cap 155L s 130 | On-balance sheet netting | |
| Cap 155L s 130A | Application of section 131 | |
| Cap 155L s 131 | Netting of OTC derivative transactions and netting of credit derivative contracts* | |
| Cap 155L Part 5 Division 7 | Use of Recognized Guarantees and Recognized Credit Derivative Contracts in Credit Risk Mitigation | |
| Cap 155L s 132 | Recognized guarantees | |
| Cap 155L s 133 | Recognized credit derivative contracts | |
| Cap 155L s 134 | Capital treatment of recognized guarantees and recognized credit derivative contracts | |
| Cap 155L s 135 | Provisions supplementary to section 134 | |
| Cap 155L Part 5 Division 8 | Multiple Recognized Credit Risk Mitigation and Maturity Mismatches | |
| Cap 155L s 136 | Multiple recognized credit risk mitigation | |
| Cap 155L s 137 | Maturity mismatches | |
| Cap 155L Part 6 | Calculation of Credit Risk for Non-securitization Exposures: IRB Approach | |
| Cap 155L Part 6 Division 1 | General | |
| Cap 155L s 138 | Application of Part 6 | |
| Cap 155L s 139 | Interpretation of Part 6 | |
| Cap 155L Part 6 Division 2 | Calculation of Credit Risk under IRB Approach, Exposures to be Covered in Calculation, and Classification of Exposures | |
| Cap 155L s 140 | Calculation of risk-weighted amount of exposures | |
| Cap 155L s 140A | Calculation of exposure at default | |
| Cap 155L s 141 | Exposures to be covered | |
| Cap 155L s 142 | Classification of exposures | |
| Cap 155L s 143 | Corporate exposures | |
| Cap 155L s 144 | Retail exposures | |
| Cap 155L s 145 | Equity exposures | |
| Cap 155L s 146 | Other exposures | |
| Cap 155L Part 6 Division 3 | IRB Calculation Approaches | |
| Cap 155L s 147 | IRB calculation approaches | |
| Cap 155L Part 6 Division 4 | Risk-weighting Framework under IRB Approach | |
| Cap 155L s 148 | General requirements for estimation of probability of default, loss given default and exposure at default | |
| Cap 155L s 149 | Default of obligor | |
| Cap 155L Part 6 Division 5 | Specific Requirements for Corporate, Sovereign and Bank Exposures | |
| Cap 155L s 150 | Rating dimensions | |
| Cap 155L s 151 | Rating structure | |
| Cap 155L s 152 | Rating criteria | |
| Cap 155L s 153 | Rating assignment horizon | |
| Cap 155L s 154 | Rating coverage | |
| Cap 155L s 155 | Integrity of rating process | |
| Cap 155L s 156 | Calculation of risk-weighted amount of corporate, sovereign and bank exposures | |
| Cap 155L s 157 | Provisions supplementary to section 156(2) and (5)ˇXfirm-size adjustments for small-and-medium sized corporates | |
| Cap 155L s 157A | Provisions supplementary to section 156(2) and (5)ˇXasset value correlation multiplier for exposures to certain financial institutions | |
| Cap 155L s 158 | Provisions supplementary to section 156ˇXrisk-weights for specialized lending | |
| Cap 155L s 159 | Probability of default | |
| Cap 155L s 160 | Loss given default under foundation IRB approach | |
| Cap 155L s 161 | Loss given default under advanced IRB approach | |
| Cap 155L s 162 | Loss given default under double default framework | |
| Cap 155L s 163 | Exposure at default under foundation IRB approachˇXon-balance sheet exposures and off-balance sheet exposures other than OTC derivative transactions and credit derivative contracts | |
| Cap 155L s 164 | Exposure at default under advanced IRB approachˇXon-balance sheet exposures and off-balance sheet exposures other than OTC derivative transactions and credit derivative contracts | |
| Cap 155L s 164A | Application of sections 165 and 166(b) and (c) | |
| Cap 155L s 165 | Exposure at default under foundation IRB approach or advanced IRB approachˇXOTC derivative transactions and credit derivative contracts | |
| Cap 155L s 166 | Exposure at default under foundation IRB approach or advanced IRB approachˇX other off-balance sheet exposures not specified in Table 11 or 20 | |
| Cap 155L s 167 | Maturity under foundation IRB approach | |
| Cap 155L s 168 | Maturity under advanced IRB approach | |
| Cap 155L s 169 | Maturity under double default framework | |
| Cap 155L Part 6 Division 6 | Specific Requirements for Retail Exposures | |
| Cap 155L s 170 | Rating dimensions | |
| Cap 155L s 171 | Rating structure | |
| Cap 155L s 172 | Rating criteria | |
| Cap 155L s 173 | Rating assignment horizon | |
| Cap 155L s 174 | Rating coverage | |
| Cap 155L s 175 | Integrity of rating process | |
| Cap 155L s 176 | Calculation of risk-weighted amount of retail exposures | |
| Cap 155L s 177 | Probability of default | |
| Cap 155L s 178 | Loss given default | |
| Cap 155L s 179 | Exposure at defaultˇXon-balance sheet exposures | |
| Cap 155L s 180 | Exposure at defaultˇXoff-balance sheet exposures other than OTC derivative transactions and credit derivative contracts | |
| Cap 155L s 180A | Application of sections 181 and 182(b) and (c) | |
| Cap 155L s 181 | Exposure at defaultˇXOTC derivative transactions and credit derivative contracts | |
| Cap 155L s 182 | Exposure at defaultˇXother off-balance sheet exposures not specified in Table 11 or 20 | |
| Cap 155L Part 6 Division 7 | Specific Requirements for Equity Exposures | |
| Cap 155L s 183 | Equity exposuresˇXgeneral | |
| Cap 155L s 184 | Market-based approach | |
| Cap 155L s 185 | Simple risk-weight method | |
| Cap 155L s 186 | Internal models method | |
| Cap 155L s 187 | PD/LGD approach | |
| Cap 155L s 188 | PD/LGD approachˇXrating dimensions | |
| Cap 155L s 189 | PD/LGD approachˇXrating structure | |
| Cap 155L s 190 | PD/LGD approachˇXrating criteria | |
| Cap 155L s 191 | PD/LGD approachˇXrating assignment horizon | |
| Cap 155L s 192 | PD/LGD approachˇXrating coverage | |
| Cap 155L s 193 | PD/LGD approachˇXintegrity of rating process | |
| Cap 155L s 194 | PD/LGD approachˇXcalculation of risk-weighted amount of equity exposures | |
| Cap 155L Part 6 Division 8 | Specific Requirements for Other Exposures | |
| Cap 155L s 195 | Cash items | |
| Cap 155L s 196 | Other items | |
| Cap 155L Part 6 Division 9 | Specific Requirements for Certain Portfolios of Exposures | |
| Cap 155L s 197 | Purchased receivables | |
| Cap 155L s 198 | Calculation of risk-weighted amount for default risk in respect of purchased receivables | |
| Cap 155L s 199 | Calculation of risk-weighted amount for dilution risk in respect of purchased receivables | |
| Cap 155L s 200 | Requirements for authorized institution using top-down approach to estimate probability of default, etc. of purchased receivables for default risk or dilution risk | |
| Cap 155L s 201 | Leasing arrangements | |
| Cap 155L s 202 | Securities financing transactions | |
| Cap 155L s 202A | Credit-linked notes | |
| Cap 155L Part 6 Division 10 | Credit Risk Mitigation | |
| Cap 155L s 203 | Credit risk mitigationˇXgeneral | |
| Cap 155L s 204 | Recognized collateral | |
| Cap 155L s 205 | Recognized financial receivables | |
| Cap 155L s 206 | Recognized commercial real estate and recognized residential real estate | |
| Cap 155L s 207 | Other recognized IRB collateral | |
| Cap 155L s 208 | Leased assets may be recognized as collateral | |
| Cap 155L s 209 | Recognized netting | |
| Cap 155L s 210 | Recognized guarantees and recognized credit derivative contracts | |
| Cap 155L s 211 | Recognized guarantees and recognized credit derivative contracts under substitution framework for corporate, sovereign and bank exposures under foundation IRB approach and for equity exposures under PD/LGD approach | |
| Cap 155L s 212 | Recognized guarantees and recognized credit derivative contracts under substitution framework for corporate, sovereign and bank exposures under advanced IRB approach and for retail exposures under retail IRB approach | |
| Cap 155L s 213 | Recognized guarantees and recognized credit derivative contracts under double default framework | |
| Cap 155L s 214 | Capital treatment of recognized guarantees and recognized credit derivative contracts | |
| Cap 155L s 215 | Provisions supplementary to section 214(1)ˇXsubstitution framework (general) | |
| Cap 155L s 216 | Provisions supplementary to section 214(1)ˇXsubstitution framework for corporate, sovereign and bank exposures under foundation IRB approach and for equity exposures under PD/LGD approach | |
| Cap 155L s 217 | Provisions supplementary to section 214(1)ˇXsubstitution framework for corporate, sovereign and bank exposures under advanced IRB approach and for retail exposures under retail IRB approach | |
| Cap 155L s 218 | Provisions supplementary to section 214(2)ˇXdouble default framework | |
| Cap 155L s 219 | Capital treatment of recognized guarantees and recognized credit derivative contracts in respect of purchased receivables | |
| Cap 155L Part 6 Division 11 | Treatment of Expected Losses and Eligible Provisions | |
| Cap 155L s 220 | Calculation of expected losses and eligible provisions for corporate, sovereign, bank and retail exposures | |
| Cap 155L s 221 | Determination of eligible provisions for calculation of total eligible provisions | |
| Cap 155L s 222 | Equity exposuresˇXmarket-based approach | |
| Cap 155L s 223 | Equity exposuresˇXPD/LGD approach | |
| Cap 155L Part 6 Division 12 | Scaling Factor | |
| Cap 155L s 224 | Application of scaling factor | |
| Cap 155L Part 6 Division 13 | Capital Floor | |
| Cap 155L s 225 | Application of Division 13 | |
| Cap 155L s 226 | Calculation of capital floor | |
| Cap 155L Part 6A | Calculation of Counterparty Credit Risk | |
| Cap 155L Part 6A Division 1 | General | |
| Cap 155L s 226A | Interpretation of Part 6A | |
| Cap 155L s 226B | Valid cross-product netting agreement | |
| Cap 155L Part 6A Division 2 | IMM(CCR) Approach | |
| Cap 155L s 226C | Application of Division 2 | |
| Cap 155L s 226D | Calculation of IMM(CCR) risk-weighted amount at portfolio level under IMM(CCR) approach | |
| Cap 155L s 226E | Calculation of default risk exposure at netting set level under IMM(CCR) approach | |
| Cap 155L s 226F | Calculation of effective EPE | |
| Cap 155L s 226G | Calculation of effective EE | |
| Cap 155L s 226H | Calculation of EE | |
| Cap 155L s 226I | Treatments for certain credit derivative contracts | |
| Cap 155L s 226J | Treatments for transactions with specific wrong-way risk | |
| Cap 155L s 226K | Treatments for margin agreements | |
| Cap 155L s 226L | Shortcut method | |
| Cap 155L s 226M | Margin period of risk | |
| Cap 155L Part 6A Division 3 | Calculation of CVA Capital Charge | |
| Cap 155L s 226N | Transactions and contracts to be covered | |
| Cap 155L s 226O | Application of sections 226P and 226Q | |
| Cap 155L s 226P | Advanced CVA method | |
| Cap 155L s 226Q | Specific requirements relating to VaR under advanced CVA method | |
| Cap 155L s 226R | Application of section 226S | |
| Cap 155L s 226S | Standardized CVA method | |
| Cap 155L s 226T | Eligible CVA hedges | |
| Cap 155L Part 6A Division 4 | Exposures to CCPs | |
| Cap 155L s 226U | Application of Division 4 | |
| Cap 155L s 226V | Interpretation of Division 4 | |
| Cap 155L s 226W | Calculation of credit risk exposures | |
| Cap 155L s 226X | Exposures of clearing members to qualifying CCPs | |
| Cap 155L s 226Y | Provisions supplementary to section 226X(4) | |
| Cap 155L s 226Z | Exposures of clearing members to clients | |
| Cap 155L s 226ZA | Exposures of clients to clearing members | |
| Cap 155L s 226ZB | Exposures of clients to CCPs | |
| Cap 155L s 226ZC | CCP ceases to be qualifying CCP | |
| Cap 155L s 226ZD | Exposures of clearing members to non-qualifying CCPs | |
| Cap 155L s 226ZE | Treatment of posted collateral | |
| Cap 155L Part 7 | CALCULATION OF CREDIT RISK FOR SECURITIZATION EXPOSURES | |
| Cap 155L Part 7 Division 1 | General | |
| Cap 155L s 227 | Interpretation of Part 7 | |
| Cap 155L Part 7 Division 2 | Requirements Applicable to Use of STC(S) Approach or IRB(S) Approach | |
| Cap 155L s 228 | Application of Division 2 | |
| Cap 155L s 229 | Treatment to be accorded to securitization transaction by originating institution | |
| Cap 155L s 230 | Measures which may be taken by Monetary Authority if originating institution provides implicit support | |
| Cap 155L s 230A | Criteria authorized institutions must meet to use STC(S) approach or IRB(S) approach | |
| Cap 155L s 231 | Use of external credit assessments for determination of risk-weights | |
| Cap 155L s 232 | Provisions applicable to ECAI issue specific ratings in addition to those applicable under Part 4 | |
| Cap 155L s 232A | Recognized guarantees and recognized credit derivative contracts | |
| Cap 155L Part 7 Division 3 | Risk-weighting Requirements under STC(S) Approach | |
| Cap 155L s 233 | Application of Division 3 | |
| Cap 155L s 234 | Calculation of risk-weighted amount of securitization exposures | |
| Cap 155L s 235 | Provisions supplementary to section 234 | |
| Cap 155L s 236 | Allocation of risk-weight of 1250% to certain items* | |
| Cap 155L s 236A | Deduction from CET1 capital | |
| Cap 155L s 237 | Determination of risk-weights | |
| Cap 155L s 238 | Most senior tranche in securitization transaction | |
| Cap 155L s 239 | Securitization positions which are in second loss tranche or better in ABCP programmes | |
| Cap 155L s 240 | Treatment of liquidity facilities and servicer cash advance facilities | |
| Cap 155L s 241 | Treatment of overlapping facilities and exposures | |
| Cap 155L s 242 | Maximum regulatory capital for originating institution | |
| Cap 155L s 243 | Treatment of underlying exposures of originating institution in synthetic securitization transactions | |
| Cap 155L s 244 | Treatment of investors' interest for securitization exposures of originating institution subject to early amortization provision | |
| Cap 155L s 245 | Calculation of risk-weighted amount of investors' interest for securitization exposures of originating institution subject to early amortization provision | |
| Cap 155L s 246 | Treatment of interest rate contracts and exchange rate contracts | |
| Cap 155L s 247 | Recognized credit risk mitigation | |
| Cap 155L s 248 | Treatment of maturity mismatches | |
| Cap 155L Part 7 Division 4 | Risk-weighting Requirements under IRB(S) Approach | |
| Cap 155L s 249 | Application of Division 4 | |
| Cap 155L s 250 | Application of scaling factor | |
| Cap 155L s 251 | Allocation of risk-weight of 1250% to certain items* | |
| Cap 155L s 251A | Deduction from CET1 capital | |
| Cap 155L s 252 | Treatment of liquidity facilities and servicer cash advance facilities | |
| Cap 155L s 253 | Treatment of overlapping facilities and exposures | |
| Cap 155L s 254 | Maximum regulatory capital for originating institution | |
| Cap 155L s 255 | Treatment of underlying exposures of originating institution in synthetic securitization transactions | |
| Cap 155L s 256 | Treatment of investors' interest for securitization exposures of originating institution subject to early amortization provision | |
| Cap 155L s 257 | Calculation of risk-weighted amount of investors' interest for securitization exposures of originating institution subject to early amortization provision | |
| Cap 155L s 258 | Treatment of interest rate contracts and exchange rate contracts | |
| Cap 155L Part 7 Division 5 | Specific Risk-weighting Requirements under Ratings-based Method | |
| Cap 155L s 259 | Application of Division 5 | |
| Cap 155L s 260 | Calculation of risk-weighted amount of securitization exposures | |
| Cap 155L s 260A | Reduction in risk-weighted amount | |
| Cap 155L s 261 | Provisions supplementary to section 260 | |
| Cap 155L s 262 | Determination of risk-weights | |
| Cap 155L s 263 | Use of inferred ratings | |
| Cap 155L s 264 | Calculation of risk-weighted amount of liquidity facilities | |
| Cap 155L s 265 | Recognized credit risk mitigation | |
| Cap 155L s 266 | Treatment of maturity mismatches | |
| Cap 155L Part 7 Division 6 | Specific Risk-weighting Requirements under Supervisory Formula Method | |
| Cap 155L s 267 | Application of Division 6 | |
| Cap 155L s 268 | Calculation of risk-weighted amount of securitization exposures | |
| Cap 155L s 268A | Reduction in risk-weighted amount | |
| Cap 155L s 269 | Provisions supplementary to section 268 | |
| Cap 155L s 270 | Use of supervisory formula | |
| Cap 155L s 271 | Capital charge factor for underlying exposures under IRB approach | |
| Cap 155L s 272 | Credit enhancement level of tranche | |
| Cap 155L s 273 | Thickness of tranche | |
| Cap 155L s 274 | Effective number of underlying exposures | |
| Cap 155L s 275 | Exposure-weighted average LGD | |
| Cap 155L s 276 | Simplified method for calculating N and exposure-weighted average LGD | |
| Cap 155L s 277 | Calculation of risk-weighted amount of liquidity facilities | |
| Cap 155L s 278 | Treatment of recognized credit risk mitigationˇXfull credit protection | |
| Cap 155L s 279 | Treatment of recognized credit risk mitigationˇXpartial credit protection | |
| Cap 155L s 280 | Treatment of maturity mismatches | |
| Cap 155L Part 8 | Calculation of Market Risk | |
| Cap 155L Part 8 Division 1 | General | |
| Cap 155L s 281 | Interpretation of Part 8 | |
| Cap 155L Part 8 Division 2 | Calculation of Market Risk under STM Approach: General | |
| Cap 155L s 282 | Application of Divisions 2 to 10 | |
| Cap 155L s 283 | Positions to be used to calculate market risk | |
| Cap 155L s 284 | Calculation of market risk capital charge for each risk category | |
| Cap 155L s 285 | Calculation of risk-weighted amount for market risk | |
| Cap 155L Part 8 Division 3 | Calculation of Market Risk Capital Charge for Interest Rate Exposures | |
| Cap 155L s 286 | Calculation of market risk capital charge | |
| Cap 155L s 287 | Calculation of market risk capital charge for specific risk for interest rate exposures that fall within section 286(a)(i) or (iv)* | |
| Cap 155L s 287A | Calculation of market risk capital charge for specific risk for interest rate exposures that fall within section 286(a)(ii) | |
| Cap 155L s 287B | Calculation of market risk capital charge for specific risk for interest rate exposures that fall within section 286(a)(iii) | |
| Cap 155L s 288 | Calculation of market risk capital charge for general market risk | |
| Cap 155L s 289 | Construction of maturity ladder | |
| Cap 155L s 290 | Use of alternatives requires Monetary Authority's prior consent | |
| Cap 155L Part 8 Division 4 | Calculation of Market Risk Capital Charge for Equity Exposures | |
| Cap 155L s 291 | Calculation of market risk capital charge | |
| Cap 155L s 292 | Calculation of market risk capital charge | |
| Cap 155L s 293 | Calculation of market risk capital charge for specific risk | |
| Cap 155L s 294 | Calculation of market risk capital charge for general market risk | |
| Cap 155L Part 8 Division 5 | Calculation of Market Risk Capital Charge for Foreign Exchange (Including Gold) Exposures | |
| Cap 155L s 295 | Preliminary steps to calculating market risk capital charge | |
| Cap 155L s 296 | Calculation of market risk capital charge | |
| Cap 155L Part 8 Division 6 | Calculation of Market Risk Capital Charge for Commodity Exposures | |
| Cap 155L s 297 | Preliminary steps to calculating market risk capital charge | |
| Cap 155L s 298 | Calculation of market risk capital charge | |
| Cap 155L Part 8 Division 7 | Calculation of Market Risk Capital Charge for Option Exposures: General | |
| Cap 155L s 299 | Approaches which authorized institution may use to calculate market risk capital charge for option exposures | |
| Cap 155L Part 8 Division 8 | Calculation of Market Risk Capital Charge for Option Exposures: Simplified Approach | |
| Cap 155L s 300 | Application of Division 8 | |
| Cap 155L s 301 | Calculation of market risk capital charge for outstanding purchased option contracts | |
| Cap 155L Part 8 Division 9 | Calculation of Market Risk Capital Charge for Option Exposures: Delta-plus Approach | |
| Cap 155L s 302 | Application of Division 9 | |
| Cap 155L s 303 | Delta risk | |
| Cap 155L s 304 | Gamma risk | |
| Cap 155L s 305 | Vega risk | |
| Cap 155L Part 8 Division 10 | Calculation of Market Risk Capital Charge for Credit Derivative Contracts Booked in Authorized Institutions' Trading Book | |
| Cap 155L s 306 | Application of Division 10 | |
| Cap 155L s 307 | Specific risk | |
| Cap 155L s 308 | Use of credit derivative contracts to offset specific risk | |
| Cap 155L s 309 | Offsetting in full | |
| Cap 155L s 310 | Offsetting by 80% | |
| Cap 155L s 311 | Other offsetting | |
| Cap 155L s 312 | General market risk | |
| Cap 155L s 313 | Counterparty credit risk | |
| Cap 155L s 314 | Foreign exchange risk | |
| Cap 155L Part 8 Division 11 | Calculation of Market Risk under IMM Approach: General | |
| Cap 155L s 315 | Application of Divisions 11 and 12 | |
| Cap 155L s 316 | Positions to be used to calculate market risk | |
| Cap 155L s 317 | Calculation of risk-weighted amount for market risk | |
| Cap 155L s 317A | Provisions supplementary to section 317ˇXcalculation of market risk capital charge for interest rate exposures | |
| Cap 155L s 317B | Provisions supplementary to section 317ˇXcalculation of market risk capital charge for equity exposures | |
| Cap 155L s 317C | Provisions supplementary to section 317ˇXcalculation of market risk capital charge for foreign exchange (including gold) exposures | |
| Cap 155L s 318 | Capital treatment for trading book positions subject to incremental risk charge or comprehensive risk charge | |
| Cap 155L s 319 | Multiplication and scaling factors* | |
| Cap 155L Part 8 Division 12 | Calculation of Market Risk Capital Charge for Credit Derivative Contracts Booked in Authorized Institutions' Trading Book | |
| Cap 155L s 320 | IMM approach to calculation of market risk | |
| Cap 155L s 321 | Counterparty credit risk | |
| Cap 155L s 322 | Foreign exchange risk | |
| Cap 155L Part 9 | Calculation of Operational Risk | |
| Cap 155L Part 9 Division 1 | General | |
| Cap 155L s 323 | Interpretation of Part 9 | |
| Cap 155L s 324 | Meaning of "loans and advances in the standardized business line of commercial banking" | |
| Cap 155L s 325 | Meaning of "loans and advances in the standardized business line of retail banking" | |
| Cap 155L Part 9 Division 2 | Calculation of Operational Risk under BIA Approach | |
| Cap 155L s 326 | Application of Division 2 | |
| Cap 155L s 327 | Calculation of capital charge for operational risk under BIA approach | |
| Cap 155L s 328 | Calculation of risk-weighted amount for operational risk under BIA approach | |
| Cap 155L Part 9 Division 3 | Calculation of Operational Risk under STO Approach | |
| Cap 155L s 329 | Application of Division 3 | |
| Cap 155L s 330 | Classification of authorized institution's business activities into standardized business lines | |
| Cap 155L s 331 | Calculation of capital charge for operational risk under STO approach | |
| Cap 155L s 332 | Calculation of risk-weighted amount for operational risk under STO approach | |
| Cap 155L Part 9 Division 4 | Calculation of Operational Risk under ASA Approach | |
| Cap 155L s 333 | Application of Division 4 | |
| Cap 155L s 334 | Application of section 330 in classification of authorized institution's business activities into standardized business lines | |
| Cap 155L s 335 | Calculation of capital charge for operational risk in all standardized business lines except retail banking and commercial banking under ASA approach | |
| Cap 155L s 336 | Calculation of capital charge for operational risk in retail banking under ASA approach | |
| Cap 155L s 337 | Calculation of capital charge for operational risk in commercial banking under ASA approach | |
| Cap 155L s 338 | Calculation of capital charge for operational risk under ASA approach | |
| Cap 155L s 339 | Calculation of risk-weighted amount for operational risk under ASA approach | |
| Cap 155L Part 9 Division 5 | Exceptions | |
| Cap 155L s 340 | Provisions applicable where certain authorized institutions have difficulties with BIA approach, STO approach or ASA approach | |
| Cap 155L s 341 | Transitional arrangements | |
| Cap 155L Sched 1 | Specifications for Purposes of Certain Definitions in these Rules* | |
| Cap 155L Sched 1A | Transactions and Contracts not Subject to CVA Capital Charge | |
| Cap 155L Sched 2 | Minimum Requirements to Be Satisfied for Approval under Section 8 of these Rules to Use IRB Approach | |
| Cap 155L Sched 2A | Minimum Requirements to be Satisfied for Approval under Section 10B(2)(a) of these Rules to Use IMM(CCR) Approach | |
| Cap 155L Sched 3 | Minimum Requirements to Be Satisfied for Approval under Section 18 of these Rules to Use IMM Approach | |
| Cap 155L Sched 4 | Minimum Requirements to Be Satisfied for Approval under Section 25 of these Rules to Use STO Approach or ASA Approach | |
| Cap 155L Sched 4A | Qualifying Criteria to be Met to be CET1 Capital | |
| Cap 155L Sched 4B | Qualifying Criteria to be Met to be Additional Tier 1 Capital | |
| Cap 155L Sched 4C | Qualifying Criteria to be Met to be Tier 2 Capital | |
| Cap 155L Sched 4D | Requirements to be Met for Minority Interests and Capital Instruments Issued by Consolidated Bank Subsidiaries and Held by Third Parties to be Included in Authorized Institutionˇ¦s Capital Base | |
| Cap 155L Sched 4E | Deduction of Holdings of Own CET1 Capital Instruments, Additional Tier 1 Capital Instruments and Tier 2 Capital Instruments | |
| Cap 155L Sched 4F | Deduction of Holdings where Authorized Institution has Insignificant Capital Investments in Financial Sector Entities that are outside Scope of Consolidation under Section 3C Requirement | |
| Cap 155L Sched 4G | Deduction of Holdings where Authorized Institution has Significant Capital Investments in Financial Sector Entities that are outside Scope of Consolidation under Section 3C Requirement | |
| Cap 155L Sched 4H | Transitional Arrangements in Relation to Banking (Capital) (Amendment) Rules 2012 | |
| Cap 155L Sched 5 | (Repealed L.N. 156 of 2012) | |
| Cap 155L Sched 6 | Credit Quality Grades | |
| Cap 155L Sched 7 | Standard Supervisory Haircuts for Comprehensive Approach to Treatment of Recognized Collateral | |
| Cap 155L Sched 8 | Credit Quality Grades for Specialized Lending | |
| Cap 155L Sched 9 | Requirements to Be Satisfied for Using Section 229(1)(a) of these Rules | |
| Cap 155L Sched 10 | Requirements to Be Satisfied for Using Section 229(1)(b) of these Rules | |
| Cap 155L Sched 11 | Mapping of ECAI Issue Specific Ratings into Credit Quality Grades under STC(S) Approach | |
| Cap 155L Sched 12 | CCF for Securitization Exposures Subject to Controlled Early Amortization Provision | |
| Cap 155L Sched 13 | CCF for Securitization Exposures Subject to Non-controlled Early Amortization Provision | |
| Cap 155L Sched 14 | Mapping of ECAI Issue Specific Rations into Credit Quality Grades under Ratings-based Method | |
| Cap 155L Sched 15 | Standardized Business Lines |
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