Our Ref:     

G10/1/2C

8 December 2000

To:    

The Chief Executive
All locally incorporated authorized institutions

 

Dear Sir/Madam,

 

Financial Disclosure by Locally Incorporated Authorized Institutions

Further to our letter of 23 November 2000, I am writing to inform you that the Guideline entitled "Financial Disclosure by Locally Incorporated Authorized Institutions" has today been formally issued under section 16(10) of the Banking Ordinance. The relevant locally incorporated authorized institutions are required to adopt the Guideline in respect of the disclosure information in their annual accounts for financial years ending on or after 31 December 2000.

A copy of the Guideline in both English and Chinese is attached. The Guideline can also be accessed through the HKMA’s private website for authorized institutions ( www.hkfin.net ). If you have any questions, please feel free to contact Mr. Kim Chong at 2878 1848 or Ms. Tess Leung at 2878 8279.

 

Yours faithfully,

 

 

(Simon Topping)
Executive Director (Banking Policy)


Encl.

 

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