People's Republic of China-Hong Kong Special Administrative Region : Financial Sector Assessment Program-Technical Note-Systemic Risk Oversight and Macroprudential Policies.

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...

詳細記述

書誌詳細
団体著者: International Monetary Fund. Monetary and Capital Markets Department
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2021.
シリーズ:IMF Staff Country Reports; Country Report ; No. 2021/117
主題:
オンライン・アクセス:Full text available on IMF
LEADER 02949cas a2200301 a 4500
001 AALejournalIMF021627
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781513573281 
022 |a 1934-7685 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund.  |b Monetary and Capital Markets Department. 
245 1 0 |a People's Republic of China-Hong Kong Special Administrative Region :   |b Financial Sector Assessment Program-Technical Note-Systemic Risk Oversight and Macroprudential Policies. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (45 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
538 |a Mode of access: Internet 
650 7 |a International Agreements  |2 imf 
650 7 |a International Organizations  |2 imf 
650 7 |a Monetary Policy  |2 imf 
650 7 |a Observance  |2 imf 
651 7 |a Hong Kong Special Administrative Region, People's Republic of China  |2 imf 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2021/117 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2021/117/002.2021.issue-117-en.xml  |z IMF e-Library