Regulatory Alerts2002-01-10
Added · Updated
Banking (Amendment) Ordinance 2001 Annex 2: Draft SPM CG-2 Systems of Control for the Appointment of Managers
The Hong Kong Monetary Authority issued this document as Annex 2 to the Banking (Amendment) Ordinance 2001 to establish draft Standards of Prudent Management regarding the appointment of managers. It mandates that authorized institutions implement robust systems of control to ensure the suitability and competence of individuals appointed to managerial positions. This regulatory guidance aims to enhance corporate governance and internal compliance within the banking sector by defining specific oversight requirements for managerial appointments.
CIR
Current
Issue Date:
10 Jan 2002
20020110-3-EN.doc (768.0 KB)
Topic:
Corporate Governance - Others
Internal Controls - Compliance function
Group:
All Authorized Institutions
Specific
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
10 Jan 2002
Banking (Amendment) Ordinance 2001
Annex
Current
10 Jan 2002
Annex 1 - Banking (Amendment) Ordinance 2001
Annex
Current
10 Jan 2002
Annex 3 - Banking (Amendment) Ordinance 2001 Miscellaneous Amendments
Annex
Current
10 Jan 2002
Annex 4 - Managerial positions captured under the revised definition of “manager”
CIR
Current
10 Jan 2002
Banking (Amendment) Ordinance 2001
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10 Jan 2002
Annex 1 - Banking (Amendment) Ordinance 2001
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10 Jan 2002
Annex 3 - Banking (Amendment) Ordinance 2001 Miscellaneous Amendments
Annex
Current
10 Jan 2002
Annex 4 - Managerial positions captured under the revised definition of “manager”
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