Regulatory Alerts2019-03-29
Added · Updated
Enhanced Competency Framework on Credit Risk Management
The Hong Kong Monetary Authority issued this circular on March 29, 2019, to establish an enhanced competency framework for credit risk management. The document mandates that all authorized institutions implement specific capacity-building measures to ensure their personnel possess the necessary skills and knowledge. This regulatory update aims to strengthen risk governance and operational resilience within the banking sector.
Share