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.
CPR
Archive
The HKMA issued a letter on 28 April 2026 to consult the banking industry on proposed revisions to the SPM modules CR-S-5 on "Credit Card Business", RR-1 on "Reputation Risk Management" and SR-1 on "Strategic Risk Management".
Issue Date:
28 Apr 2026
Consultation Status:
CLOSED
Consultation Open Date:
28 Apr 2026
Consultation Close Date:
26 Jun 2026
20260312-4-EN.pdf (529.0 KB)
Topic:
Strategic & Reputation Risk Management
Group:
Specific
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Consultation on revised Supervisory Policy Manual (SPM) modules CR-S-5 on “Credit Card Business”, RR-1 on “Reputation Risk Management” and SR-1 on “Strategic Risk Management”
Annex
Archive
28 Apr 2026
Enclosure 1 - Credit Card Business (Consultation)
Annex
Archive
28 Apr 2026
Enclosure 3 - Strategic Risk Management (Consultation)
Consultation on revised Supervisory Policy Manual (SPM) modules CR-S-5 on “Credit Card Business”, RR-1 on “Reputation Risk Management” and SR-1 on “Strategic Risk Management”
Annex
Archive
28 Apr 2026
Enclosure 1 - Credit Card Business (Consultation)
Annex
Archive
28 Apr 2026
Enclosure 3 - Strategic Risk Management (Consultation)
Cross referenced Document
Version History
Superseded Document
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