Regulatory Alerts2025-08-01
Added · Updated
Corporate Governance of Locally Incorporated Authorized Institutions
The Hong Kong Monetary Authority issued the revised Standard Practice Guideline CG-1 to establish comprehensive corporate governance requirements for locally incorporated authorized institutions. The guideline mandates robust board directorship structures, effective systems of control, and adherence to ethical behavior and competence standards for key personnel. These regulations aim to ensure sound risk management, operational resilience, and overall stability within the local banking sector.
SPM-SGL
Current
Issue Date:
01 Aug 2025
CG-1.pdf (863.0 KB)
Topic:
Corporate Governance - Board Directorship
Corporate Governance - Others
Group:
Locally Incorporated Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
01 Aug 2025
Gazettal of revised SPM CG-1 on corporate governance
SPM-SGL
Current
19 Dec 2025
CR-G-9 Exposures to Connected Parties
SPM-SGL
Current
19 Dec 2025
CA-G-5 Supervisory Review Process
SPM
Current
10 Apr 2025
GL Glossary
SPM
Current
17 Jan 2025
IN Introduction
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
31 May 2022
OR-2 Operational Resilience
SPM-NGL
Current
30 Dec 2021
GS-1 Climate Risk Management
SPM-NGL
Current
29 Jul 2021
CG-5 Guideline on a Sound Remuneration System
SPM-NGL
Current
31 Oct 2017
IC-2 Internal Audit Function
SPM-SGL
Current
06 Oct 2017
IC-1 Risk Management Framework
SPM-NGL
Current
17 Dec 2008
RR-1 Reputation Risk Management
SPM-NGL
Current
12 Dec 2007
SR-1 Strategic Risk Management
SPM-NGL
Current
06 Nov 2003
IC-3 Reporting Requirements Relating to Authorized Institutions’ External Auditors under the Banking Ordinance
SPM-SGL
Current
24 May 2002
CG-2 Systems of control for the appointment of managers
SPM-SGL
Current
28 Dec 2001
CG-4 Establishment of Overseas Banking Subsidiaries: §51A
SPM-SGL
Archive
06 Oct 2017
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions V3
SPM-SGL
Archive
21 Sep 2001
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions V1
CIR
Current
01 Aug 2025
Gazettal of revised SPM CG-1 on corporate governance
SPM-SGL
Current
19 Dec 2025
CR-G-9 Exposures to Connected Parties
SPM-SGL
Current
19 Dec 2025
CA-G-5 Supervisory Review Process
SPM
Current
10 Apr 2025
GL Glossary
SPM
Current
17 Jan 2025
IN Introduction
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
31 May 2022
OR-2 Operational Resilience
SPM-NGL
Current
30 Dec 2021
GS-1 Climate Risk Management
SPM-NGL
Current
29 Jul 2021
CG-5 Guideline on a Sound Remuneration System
SPM-NGL
Current
31 Oct 2017
IC-2 Internal Audit Function
SPM-SGL
Current
06 Oct 2017
IC-1 Risk Management Framework
SPM-NGL
Current
17 Dec 2008
RR-1 Reputation Risk Management
SPM-NGL
Current
12 Dec 2007
SR-1 Strategic Risk Management
SPM-NGL
Current
06 Nov 2003
IC-3 Reporting Requirements Relating to Authorized Institutions’ External Auditors under the Banking Ordinance
SPM-SGL
Current
24 May 2002
CG-2 Systems of control for the appointment of managers
SPM-SGL
Current
28 Dec 2001
CG-4 Establishment of Overseas Banking Subsidiaries: §51A
SPM-SGL
Archive
06 Oct 2017
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions V3
SPM-SGL
Archive
21 Sep 2001
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions V1
Superseded Document
You may also be interested in
GLI
Archive
19 May 2000
Guideline on Corporate Governance of Locally Incorporated Authorized Institutions
CIR
Archive
19 May 2000
Guideline on Corporate Governance of Locally Incorporated Authorized Institutions
CIR
Current
15 Dec 2021
Corporate Governance