Regulatory Alerts2016-12-14
Added · Updated
Empowerment of Independent Non-Executive Directors in the Banking Industry in Hong Kong
The Hong Kong Monetary Authority issued this circular to enhance the role and effectiveness of Independent Non-Executive Directors within the local banking sector. It establishes specific requirements for the capacity building and empowerment of these directors to strengthen corporate governance standards. The guidance applies to all authorized institutions and locally incorporated authorized institutions operating in Hong Kong.
CIR
Current
Issue Date:
14 Dec 2016
20161214-1-EN.pdf (89.2 KB)
Topic:
Capacity Building - Others
Corporate Governance - Board Directorship
Group:
All Authorized Institutions
Locally Incorporated Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
14 Dec 2016
Annex - Empowerment of Independent Non-Executive Directors (INEDs) in the Banking Industry in Hong Kong
SPM-SGL
Current
01 Aug 2025
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions
CIR
Current
14 Jul 2015
BCBS Revised Guidance on Corporate Governance Principles for Banks
Annex
Current
14 Dec 2016
Annex - Empowerment of Independent Non-Executive Directors (INEDs) in the Banking Industry in Hong Kong
SPM-SGL
Current
01 Aug 2025
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions
CIR
Current
14 Jul 2015
BCBS Revised Guidance on Corporate Governance Principles for Banks
Version History
Superseded Document
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