Regulatory Alerts2016-12-19
Added · Updated
Enhanced Competency Framework on Cybersecurity
The Hong Kong Monetary Authority launched the Enhanced Competency Framework on Cybersecurity to address the growing cyber threats facing the banking sector. This industry-wide initiative requires authorized institutions to develop professional competencies and maintain the skills of staff engaged in cybersecurity duties. The regulator will assess implementation progress during supervisory processes and advises institutions to keep records of relevant training and qualifications.
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