2020-12-18
Added · Updated
The Hong Kong Monetary Authority, in collaboration with the Hong Kong Institute of Bankers and the banking sector, has launched the Enhanced Competency Framework on Operational Risk Management to establish common standards for operational risk practitioners. Authorized institutions are encouraged to adopt this framework to support the ongoing professional development and competence maintenance of their staff engaged in operational risk management functions. The Hong Kong Institute of Bankers serves as the administrator responsible for handling certification, grandfathering applications, examinations, and maintaining a public register of qualified holders.
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