Hong Kong Resolution of Financial Institutions - what it means for counterparties of financial institutions
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Hong Kong’s Financial Institutions (Resolution) Ordinance came into effect on 7 July 2017.
This Client Briefing sets out an overview of Hong Kong’s regime for the resolution of financial institutions and analyses what it means for counterparties of within-scope financial institutions.
We have prepared a separate Client Briefing targeted at financial institutions, which includes some pointers on bail-in resolution planning.