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Regulatory Consistency Assessment Programme (RCAP): Assessment of the Basel Committee’s Net Stable Funding Ratio standard – Hong Kong

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Summary of document history   Previous version Previousconsultation This version Subsequentconsultation Subsequentversion This version BCBS  |  Implementation reports  |  19 March 2020  |  Status:  Current PDF full text (300kb)  |  18 pages Topics: Supervisory cooperation, Liquidity risk Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework

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Summary of document history  

This version

BCBS  | 
Implementation reports
 | 
19 March 2020
 | 
Status:  Current
PDF full text
 (300kb)
 |  18 pages

Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework and examines the consistency of banks' calculation of the prudential ratios across jurisdictions. The RCAP also helps member jurisdictions to identify and assess the materiality of any deviations from the Basel framework. 

This report describes the Committee's assessment of Hong Kong SAR's implementation of the Basel Committee's Net Stable Funding Ratio (NSFR) standard. Hong Kong's NSFR has been assessed as compliant.

International Settlement
The Bank for International Settlements (BIS) is an international company limited by shares owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.

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