Deposit Protection Scheme (Asset Maintenance) Rules (the "Asset Maintenance Rules")

The Asset Maintenance Rules empower the HKMA to require a Scheme member to maintain assets in Hong Kong. The objectives of the Asset Maintenance Rules are to ensure that, in the event of the failure of a Scheme member, there will be sufficient assets in Hong Kong to cover the priority claims of depositors and to reduce the Board's shortfall loss. They are made under section 53 of the DPS Ordinance.