Revised Supervisory Policy Manual (SPM) Module CA-S-10 “Fair Value Practices

The Hong Kong Monetary Authority (HKMA) has issued a revised version of the Supervisory Policy Manual (SPM) module CA-S-10, now titled “Fair Value Practices.” The update aligns with the “Prudent Valuation Guidance” under the Basel Framework and the latest accounting standards for fair value measurement, incorporating policy clarifications. The revised module is accessible on the HKMA’s public and Supervisory Communication websites.

Resources: https://www.hkma.gov.hk/media/eng/doc/key-information/guidelines-and-circular/2024/20241213e2.pdf