| Journal Call no. | HG1302.Q37 |
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| Article Title | Banking (Amendment) Ordinance 1999 : guidelines on sections 87A and 121(3) / Banking Development Division. |
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| Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.22, Feb 2000, p.30-37. |
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| Abstract | Since the Banking (Amendment) Ordinance 1999 was passed in July 1999, the majority of the provisions except those in relation to sections 60A, 87A and 121(3) have commenced operation. The commencement of sections 87A and 121(3) is scheduled to take place in February 2000. This paper introduces the new guidelines on sections 87A and 121(3) of the Banking Ordinance which respectively regulates major acquisitions by authorized institutions and empowers the Monetary Authority to disclose information about individual customers of authorised institutions to overseas supervisory authorities. |
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