Hong Kong insurance regulator weighs new capital rules, risk charge on crypto assets: Bloomberg
Hong Kong’s insurance regulator is proposing a set of capital rules that would steer insurance capital toward cryptocurrencies and government-backed infrastructure projects, according to a proposal seen by Bloomberg. Under the draft framework, the Hong Kong Insurance Authority would apply a 100% risk charge to insurers’ exposure to crypto assets, according to the document dated...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
