XN000022-1989-12-22 — Page 3

N

FRIDAY, DECEMBER 22, 1989

BASE, CURRENT

AND

ADDITIONAL

YEAR'S

PROFIT,

CAPITAL WILL

LATTER WILL

THE MAIN CHANGES IN THEIR WAY OF CALCULATION ARE:

(A) THERE WILL BE A MORE DETAILED DEFINITION

OP THE CAPITAL OF CAPITAL SUCH AS ELEMENTS

AND TERM PROVISIONS GENERAL

LIMITATIONS. SUBORDINATED DEBT CAN BE INCLUDED SUBJECT TO

AND SUPPLEMENTARY INTO CORE BE DIVIDED

AND THE TO

CAPITAL DEPENDING ON THEIR DEGREE OF PERMANENCE

ONLY

BE

TAKEN

INTO

ACCOUNT

SUBJECT

CONDITIONS;

(B)

OFF BALANCE SHEET ASSET ITEMS;

BE WILL EXPOSURES

CAPTURED AS RISK

(C)

INCORPORATE A BROAD MODIFICATIONS INCLUDE DEPOSIT-TAKING COMPANIES

WEIGHTINGS OF RISK ASSET ITEMS WILL DISTINCTION OF COUNTRY RISK. OTHER A LOWER WEIGHT FOR

ΤΟ LENDING

AND FOR LOANS FULLY SECURED BY RESIDENTIAL MORTGAGES.

15

CONFIDENT

THAT ALL RELEVANT MEET THE NEW STATUTORY

THE COMMISSIONER OF BANKING

TO ABLE INSTITUTIONS IN HONG KONG WILL BE MINIMUM RATIO CALCULATED USING THE NEW METHOD.

TO IMPLEMENT THE NEW IT IS THEREFORE APPROPRIATE AHEAD OF THE 1992-TARGET RECOMMENDED BY THE BASLE COMMITTEE.

STANDARDS

BILL TO INTRODUCE MINOR AMENDMENTS TO ORDINANCES

AMENDMENTS} BILL A NUMBER OF

THE ADMINISTRATION OF JUSTICE (MISCELLANEOUS 1989 PUBLISHED IN THE GAZETTE TODAY (FRIDAY) PROPOSES MINOR AMENDMENTS TO EXISTING ORDINANCES.

IT IS PROPOSED THAT THE CRIMINAL PROCEDURE ORDINANCE AND THE PERMIT CRIMINAL PROCEDURE (WITNESSES' ALLOWANCES) RULES DE AMENDED TO 29UCCESSFUL DEFENDANTS AND PRIVATE PROSECUTORS TO CLAIM WITNESS

ALLOWANCES.

THE CLASSES OF PERSONS ELIGIBLE TO CLAIM WITNESS ALLOWANCES HAVE ALSO BEEN EXPANDED.

THE

EVIDENCE

THE CRIMINAL PROCEDURE ORDINANCE WILL BE AMENDED TO ENABLE

OR ADDITION TO AN INDICTMENT OF ANY COUNTS FOUNDED ON FACTS DISCLOSED IN "PAPER" COMMITTALS UNDER THE MAGISTRATES ORDINANCE.

A "PAPER" COMMITTAL IS A COMMITTAL FOR TRIAL FOR A PERSON

WHO

ΤΟ ELECTS CHARGED WITH AN INDICTABLE OFFENCE

DISPENSE WITH A PRELIMINARY BEFORE A MAGISTRATE.

/THE REFERENCES