Hong-kong
The HKMA Publishes Revised Banking Returns & Completion Instructions for Form MA(BS)3, Form MA(BS)27, Form MA(BS)1E, and Form MA(BS)26
On August 30, 2024, the HKMA published revised banking returns for Form MA(BS)3, Form MA(BS)27, Form MA(BS)1E, and Form MA(BS)26. The revisions are mainly related to the implementation of Banking (Capital) (Amendment) Rules 2023 (“BCAR”) that will come into effect on January 1, 2025. Revisions are made to CAR Return, LR Return, and their respective Completion Instructions. Besides that, few minor consequential amendments have been made to the Stable Funding Position Return and Liquidity Position Returns and Completion Instructions.
Reporting institutions should submit the CAR Return, LR Return, and Stable Funding Position Return based on the revised CIs to HKMA via the STET system, starting from the reporting position as of March 31, 2025 and the Liquidity Position Return starting from the reporting position as of January 31, 2025.
Australia
The ATO (Australian Taxation Office) announces the start of the implementation of "Status Message" for all files that pass the initial File Validation
To provide users with more timely information about the results of their requests, starting in September 2024, a Status Message will be returned for all files that pass the initial File Validation.
