Author: marcelasilvis

Designation of Domestic Systemically Important Authorized Institutions ********************************************************************** The following is issued on behalf of the Hong Kong Monetary Authority:        The Hong Kong Monetary Authority (HKMA) has completed its annual assessment of the list of Domestic Systemically Important Authorized Institutions (D-SIBs). As with previous years, the assessment takes into account the size, interconnectedness, substitutability and complexity of authorised institutions. Based on the assessment results, the total number of D-SIBs has decreased from six to five. The Bank of East Asia, Limited is no longer identified as a D-SIB in this assessment considering its systemic importance relative to other institutions. ... Read more