Regulatory Alerts2026-04-28
Added · Updated
Consultation on Revised SPM Modules CR-S-5, RR-1, and SR-1
The Hong Kong Monetary Authority issued a consultation on 28 April 2026 proposing revisions to Supervisory Policy Manual modules CR-S-5 on Credit Card Business, RR-1 on Reputation Risk Management, and SR-1 on Strategic Risk Management. The regulator sought feedback from the banking industry regarding these proposed regulatory updates during a consultation period that closed on 26 June 2026. This initiative aims to refine supervisory standards for credit card operations and enhance frameworks for managing reputation and strategic risks within the banking sector.
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