Regulatory Alerts2025-08-01
Added · Updated
Corporate Governance of Locally Incorporated Authorized Institutions
The Hong Kong Monetary Authority issues this statutory guideline to establish minimum corporate governance standards for all locally incorporated authorized institutions. The document mandates that boards of directors assume ultimate responsibility for operations, financial soundness, and the establishment of robust risk governance frameworks. It further requires strict oversight of senior management appointments, remuneration, and the maintenance of high ethical standards and transparency.
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