02167cas a2200301 a 4500 AALejournalIMF021628 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513573311 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. People's Republic of China-Hong Kong Special Administrative Region : Financial Sector Assessment Program-Technical Note-Banking Sector: Supervision and Regulation. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (48 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Banking supervision and regulation by the Hong Kong Monetary Authority (HKMA) remain strong. This assessment confirms the 2014 Basel Core Principles assessment that the HKMA achieves a high level of compliance with the BCPs. The Basel III framework (and related guidance) and domestic and cross-border cooperation arrangements are firmly in place. The HKMA actively contributes to the development and implementation of relevant international standards. Updating their risk based supervisory approach helped the HKMA optimize supervisory resources. The HKMA's highly experienced supervisory staff is a key driver to achieving one of the most sophisticated levels of supervision and regulation observed in Asia and beyond. Mode of access: Internet International Agreements imf International Organizations imf Monetary Policy imf Observance imf Hong Kong Special Administrative Region, People's Republic of China imf IMF Staff Country Reports; Country Report ; No. 2021/118 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/118/002.2021.issue-118-en.xml IMF e-Library