Investor Presentaiton slide image

Investor Presentaiton

MORGAN STANLEY BANK ASIA LIMITED NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2020 30. CAPITAL MANAGEMENT (CONTINUED) The Company is regulated by the HKMA and as such is subject to minimum capital requirements. The Company's capital is monitored on an ongoing basis to ensure compliance with these requirements. At a minimum, the Company must ensure that capital is greater than the capital requirement covering credit, market and operational risk. The Company complied with all of its regulatory capital requirements during the current and prior year. The Company manages the following items as capital: Share capital FVOCI reserve Retained earnings 2020 US$'000 2019 US$'000 670,000 670,000 35 1,330 354,042 222,395 1,024,077 893,725 The Company has earmarked part of its retained earnings for maintaining its regulatory reserve for general banking risks to satisfy the provisions of the Banking Ordinance for prudential supervision purposes. At 31 December 2020, US$17,154,000 (2019: US$27,703,000) in the retained earnings was earmarked for this purpose. 56 56
View entire presentation