Regulatory Alerts2017-03-02
Added · Updated
Bank Culture Reform
The Hong Kong Monetary Authority issued this circular on March 2, 2017, to address banking conduct and enforcement regarding bank culture. The document directs all authorized institutions to implement robust corporate governance frameworks that promote ethical behavior and sound remuneration systems. It serves as a foundational regulatory update linking to subsequent guidelines on competence, codes of conduct, and remuneration practices.
CIR
Current
Issue Date:
02 Mar 2017
20170302-2-EN.pdf (111.7 KB)
Topic:
Banking Conduct & Enforcement - Bank Culture
Corporate Governance - Others
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-SGL
Current
01 Aug 2025
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions
SPM-NGL
Current
23 May 2024
CG-6 Competence and Ethical Behaviour
SPM-SGL
Current
09 Dec 2022
CG-3 Code of Conduct
SPM-NGL
Current
29 Jul 2021
CG-5 Guideline on a Sound Remuneration System
Directly related Document
SPM-SGL
Current
01 Aug 2025
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions
SPM-NGL
Current
23 May 2024
CG-6 Competence and Ethical Behaviour
SPM-SGL
Current
09 Dec 2022
CG-3 Code of Conduct
SPM-NGL
Current
29 Jul 2021
CG-5 Guideline on a Sound Remuneration System
Version History
Superseded Document
You may also be interested in
CIR
Current
19 Dec 2018
Supervision for Bank Culture
CIR
Current
22 May 2020
Report on Review of Self-assessments on Bank Culture
CIR
Current
22 May 2020
Report on Review of Self-assessments on Bank Culture
Enclosure: Report on Review of Self-assessments on Bank Culture