Collection of financial information

Collection of financial information

The MA's powers to collect prudential data on both a routine and ad hoc basis are provided by Section 63 of the Banking Ordinance. Under Section 63(1) & (2), an institution is required to submit returns or other information to the MA on both a regular and periodic basis. In addition, under Section 63(2A), the MA may require any holding company or subsidiary or sister company of an institution to submit such information as may be required for the exercise of his functions under the Banking Ordinance.

At present, regular statutory returns cover information on assets and liabilities, profit and loss, capital adequacy (in respect of credit risk, market risk and operational risk), liquidity, large exposures, loan classification, foreign exchange position, interest rate risk, and include a certificate of compliance with various requirements under the Banking Ordinance. Submission of returns is normally made each month or quarter.

Here is a full list of returns and completion instructions:

MA(BS)1, 1A and 1B - Assets and Liabilities

MA(BS)1C - Profit and Loss Account

MA(BS)1D - Large Exposures

MA(BS)1E - Liquidity Position

MA(BS)1F (a) and (b) - Certificate of Compliance

MA(BS)1G - Maturity Profile

MA(BS)2 - External Liabilities and Claims

MA(BS)2A - Loans and Advances and Provisions

MA(BS)3 - Capital Adequacy Ratio

MA(BS)6 - Foreign Currency Position

MA(BS)9 - Cross-Border Claims