The regulation and supervision of banks’ derivatives activities: existing practices, challenges, and preliminary proposals from data perspective
نویسنده
چکیده
One key function of the Hong Kong Monetary Authority (HKMA) is to promote the stability and integrity of the financial system in Hong Kong. There are about 200 authorized institutions (AIs) in Hong Kong, many of which are deposit taking banks. The total assets of AIs as of June 2010 are about HKD 11 trillion, 6 times as large as the latest annual GDP of Hong Kong and about 60% of the total market capitalization of the stocks listed in the Hong Kong Stock Exchange.
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