The Banking Sector In Hong Kong

Author : H. Genberg,C. Hui
Publisher : Springer
Page : 280 pages
File Size : 47,8 Mb
Release : 2008-08-14
Category : Business & Economics
ISBN : 9780230227378

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The Banking Sector In Hong Kong by H. Genberg,C. Hui Pdf

The book extensively discusses the structure and stability of the Hong Kong banking sector, using economic theory and advanced empirical econometric techniques. It is important for readers who are interested in studying the banking industry in general, and the Hong Kong banking sector in particular.

Author : Y. C. Jao
Publisher : Springer
Page : 353 pages
File Size : 54,6 Mb
Release : 1974-06-18
Category : Business & Economics
ISBN : 9781349021994

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Banking and Currency in Hong Kong by Y. C. Jao Pdf

Author : T. K. Ghose
Publisher : Lexis Law Publishing (Va)
Page : 300 pages
File Size : 46,7 Mb
Release : 1987
Category : Banking law
ISBN : UCSD:31822003439106

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The Banking System of Hong Kong by T. K. Ghose Pdf

Monograph describing the banking system of Hong Kong covering historical background, Hong Kong currency, regulatory, framework, source and application of funds, alternative sources of finances and special financial services.

Author : Dr Catherine Schenk
Publisher : Routledge
Page : 225 pages
File Size : 50,7 Mb
Release : 2001-03-15
Category : Business & Economics
ISBN : 9781134626052

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Hong Kong as an International Financial Centre by Dr Catherine Schenk Pdf

Based on previously unpublished archival records, this book studies the origins of Hong Kong's post war rise to global prominence. It explores the expansion of the gold market, stock market, banking system, foreign exchange market, and insurance in the years 1945-1965. This book makes a significant contribution to our understanding of the development of Hong Kong, the impact of financial regulation and, more broadly, the role of financial centres in the international economy in the post war period.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 44 pages
File Size : 48,8 Mb
Release : 2014-05-22
Category : Business & Economics
ISBN : 9781498306706

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People’s Republic of China––Hong Kong Special Administrative Region by International Monetary Fund. Monetary and Capital Markets Department Pdf

This Financial System Stability Assessment report on Hong Kong Special Administrative Region (HKSAR) highlights that HKSAR’s financial sector is very well regulated, with the capacity to withstand a diversity of shocks. The sector, however, faces major risks, which puts a significant premium on effective liquidity management, macroprudential oversight, and microprudential supervision. The regulation and supervision framework of the financial sector is of a high caliber, and displays a high level of compliance with international standards, but there remains scope for further strengthening. Financial market infrastructures are highly sophisticated, but further enhancements are needed to fully comply with new international standards.

Author : Andrew F. Freris
Publisher : Routledge
Page : 209 pages
File Size : 52,8 Mb
Release : 2018-10-26
Category : Social Science
ISBN : 9780429867118

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The Financial Markets of Hong Kong by Andrew F. Freris Pdf

The financial markets of Hong Kong have a reputation for volatility, but careful analysis of past behaviour reveals consistent trends and coherent actions. This study, first published in 1991, at a time of uncertainty before Hong Kong’s transfer to China in 1997, analyses each of the financial markets in the colony, and explains the activities of banks, deposit-taking companies, the stock exchange, and markets in capital, gold, futures, unit trusts, and foreign exchange. Examining these in terms of structure, regulation and in competition, it constitutes not just a description but a thorough analysis of the characteristic dynamics of each market.

Author : Y. C. Jao
Publisher : Unknown
Page : 200 pages
File Size : 46,6 Mb
Release : 1997
Category : Business & Economics
ISBN : STANFORD:36105112855635

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Hong Kong as an International Financial Centre by Y. C. Jao Pdf

This book analyzes the role of Hong Kong as a prominent financial centre . Issues such as taxonomy of financial centres, reasons for Hong Kong's past success, competition from other centres, policy issues, and speculation upon Hong Kong's future are discussed.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 44 pages
File Size : 41,9 Mb
Release : 2014-05-22
Category : Business & Economics
ISBN : 9781498313216

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People’s Republic of China––Hong Kong Special Administrative Region by International Monetary Fund. Monetary and Capital Markets Department Pdf

This Financial System Stability Assessment report on Hong Kong Special Administrative Region (HKSAR) highlights that HKSAR’s financial sector is very well regulated, with the capacity to withstand a diversity of shocks. The sector, however, faces major risks, which puts a significant premium on effective liquidity management, macroprudential oversight, and microprudential supervision. The regulation and supervision framework of the financial sector is of a high caliber, and displays a high level of compliance with international standards, but there remains scope for further strengthening. Financial market infrastructures are highly sophisticated, but further enhancements are needed to fully comply with new international standards.

Author : International Monetary,International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 108 pages
File Size : 46,7 Mb
Release : 2021-06-15
Category : Business & Economics
ISBN : 9781513573250

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People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Stress Testing the Banking Sector and Systemic Risk Analysis by International Monetary,International Monetary Fund. Monetary and Capital Markets Department Pdf

Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China. Over the past two years, Hong Kong SAR’s economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global COVID-19 pandemic, resulting in an unprecedented two consecutive years of negative economic growth.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 127 pages
File Size : 42,7 Mb
Release : 2014-07-16
Category : Business & Economics
ISBN : 9781498322638

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People’s Republic of China–Hong Kong Special Administrative Region by International Monetary Fund. Monetary and Capital Markets Department Pdf

This Technical Note on Stress Testing the Banking Supervision was prepared in the context of the Financial Sector Assessment Program (FSAP) for the People’s Republic of China–Hong Kong Special Administrative Region (HKSAR). Bank liquidity tests focus on sudden, sizable withdrawals of funding and the sufficiency of existing assets to withstand those shocks under stressed conditions. The stress test results confirm a high degree of resilience of the sector. This reflects the strength of the banks at the starting position, which reduces their fundamental vulnerability to shocks. Banks in HKSAR hold very high levels of capital, are very profitable, and have a low level of asset impairments amid stable funding profiles. The Hong Kong Monetary Authority is encouraged to continue its integration of risk-based supervision in the development of stress test scenarios for macroprudential policy and surveillance. Banking supervisors routinely conduct stress tests and, from time to time, modify relevant assumptions in order to support thematic reviews of identified vulnerabilities against emerging risks.

Author : International Monetary,International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 48 pages
File Size : 41,8 Mb
Release : 2021-06-15
Category : Business & Economics
ISBN : 9781513573311

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People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Banking Sector: Supervision and Regulation by International Monetary,International Monetary Fund. Monetary and Capital Markets Department Pdf

Banking supervision and regulation by the Hong Kong Monetary Authority (HKMA) remain strong. This assessment confirms the 2014 Basel Core Principles assessment that the HKMA achieves a high level of compliance with the BCPs. The Basel III framework (and related guidance) and domestic and cross-border cooperation arrangements are firmly in place. The HKMA actively contributes to the development and implementation of relevant international standards. Updating their risk based supervisory approach helped the HKMA optimize supervisory resources. The HKMA’s highly experienced supervisory staff is a key driver to achieving one of the most sophisticated levels of supervision and regulation observed in Asia and beyond.

Author : Yan-ki Ho,Robert Haney Scott,Kie Ann Wong
Publisher : Oxford University Press, USA
Page : 440 pages
File Size : 47,6 Mb
Release : 1991
Category : Business & Economics
ISBN : STANFORD:36105035343065

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The Hong Kong Financial System by Yan-ki Ho,Robert Haney Scott,Kie Ann Wong Pdf

This book provides a comprehensive and up-to-date description of the Hong Kong financial system, a system that has undergone immense change in recent years. Written by scholars and professionals in the finance sector, the book covers all aspects of the financial system--commercial banking and non-depository institutions, the major financial markets, monetary policy, international financial relations, and information technology.

Author : International Monetary,International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 57 pages
File Size : 40,8 Mb
Release : 2021-06-15
Category : Business & Economics
ISBN : 9781513573274

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People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Implications of Fintech for the Regulation and Supervision of the Financial Sector by International Monetary,International Monetary Fund. Monetary and Capital Markets Department Pdf

he Hong Kong Special Administrative Region (HKSAR) is among the world’s major fintech hubs, well positioned to develop fintech initiatives from its traditional strengths in financial services. Key factors enabling the HKSAR to emerge as a fintech hub include its presence as an international financial center, its free-flowing talent and capital, a highly developed information and technology communication (ITC) infrastructure, and its most unique trait, a geographical and strategic advantage by proximity to the market in Mainland China.

Author : Yan-leung Cheung,Yuk-shing Cheng,Chi-keung Woo
Publisher : Routledge
Page : 143 pages
File Size : 52,8 Mb
Release : 2016-12-08
Category : Social Science
ISBN : 9781317284765

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Hong Kong's Global Financial Centre and China's Development by Yan-leung Cheung,Yuk-shing Cheng,Chi-keung Woo Pdf

This book provides an overview of Hong Kong’s role as an international financial centre, focusing especially on how Hong Kong has contributed significantly, and continues to contribute significantly, to China’s economic development. It considers the importance of Hong Kong’s stock market in raising finance for Chinese companies, explores the potential of Hong Kong as an offshore financial centre, and discusses recent regulatory reforms. It concludes by assessing the prospects for Hong Kong’s continuing success as a global financial centre, and puts forward recommendations for policies which would help secure continuing success.

Author : International Monetary,International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 45 pages
File Size : 46,5 Mb
Release : 2021-06-15
Category : Business & Economics
ISBN : 9781513573281

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People’s Republic of China–Hong Kong Special Administrative Region: Financial Sector Assessment Program-Technical Note-Systemic Risk Oversight and Macroprudential Policies by International Monetary,International Monetary Fund. Monetary and Capital Markets Department Pdf

The institutional framework for Macroprudential Policies (MaPP) in the Hong Kong Special Administrative Region (the Hong Kong SAR) is well established. According to the Basic Law, the Government of the Hong Kong SAR shall on its own formulate monetary and financial policies. The Financial Secretary (FS) and the Secretary for Financial Services and the Treasury (SFST) are responsible for policies for maintaining the stability and integrity of the financial system of the Hong Kong SAR. The Hong Kong SAR has a sector-based regulatory structure and the responsibilities and tools for safeguarding financial stability are spread across the Financial Services and the Treasury Bureau (FSTB) and three regulators (namely, the Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC) and Insurance Authority (IA)). There are good and well-structured interagency coordination and consultation mechanisms, through the Council of Financial Regulators (CFR) and the Financial Stability Committee (FSC), chaired by the FS and the SFST, respectively. Broad coordination between the CFR and government agencies on taxation and housing supply-side policies has also worked well. MaPP and risk assessment are communicated to the public openly and frequently through speeches, press releases and regular publications, including the Half-Yearly Monetary and Financial Stability Report of the HKMA and the Half-yearly Review Report of the Global and Local Securities Markets of the SFC.