Capital Adequacy Review Tribunal

The Capital Adequacy Review Tribunal (“CART”) is established under the Banking Ordinance (Cap.155) to review certain decisions made by the Monetary Authority under the Banking (Capital) Rules, which set out the technical details of how authorized institutions should calculate their capital adequacy ratios. The Banking (Capital) Rules specify that certain decisions made by the Monetary Authority, which relate to the choice of approaches for the calculation of credit, market and operational risks, are subject to review by the CART on the application of an aggrieved institution.

Membership (for the term 1 January 2007 to 31 December 2012):

Mr Alan HOO, S.B.S., S.C., J.P. (Chairman)
Mr David Gordon ELDON, G.B.S., J.P. (Member)
Mr Martin LIAO Cheung-kong, J.P. (Member)
Ms. Dilys CHAU Suet-fung (Member)
Professor Japhet Sebastian LAW (Member)

Sittings of the CART will be convened only on a need basis. Inquiries can be referred to the CART Secretariat – 

Capital Adequacy Review Tribunal Secretariat
38/F, Immigration Tower,
7 Gloucester Road,
Wanchai, Hong Kong.

Telephone: 2827 1470