Banking Supervision-HKMA Yam viewpoint

CENTRAL BANK ARTICLE - Effective banking supervision requires taking a larger view of the industry than simply focussing on the ability of borrower to repay, says Hong Kong Monetary Authority chief executive Joseph Yam in his weekly column on the HKMA website.

The HKMA is tasked with the responsibility of regulating banking business and the business of taking deposits, and of supervising authorized institutions in Hong Kong. The Banking Ordinance gives us the authority for doing so in order to

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