Regulatory Alerts2001-12-28
Added · Updated
Establishment of Overseas Banking Subsidiaries: §51A
The Hong Kong Monetary Authority issued Supervisory Policy Manual CG-4 to establish regulatory requirements for the establishment of overseas banking subsidiaries by locally incorporated authorized institutions. This policy mandates consolidated supervision and outlines specific governance and risk management standards for such entities. It ensures that parent institutions maintain adequate control and oversight over their overseas operations to mitigate country and operational risks.
SPM-SGL
Current
Issue Date:
28 Dec 2001
CG-4.pdf (128.2 KB)
Topic:
Consolidated Supervision
Corporate Governance - Others
Keyword:
Group:
Locally Incorporated Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
28 Dec 2001
Supervisory Policy Manual ("SPM") - CG-4: "Establishment of Overseas Banking Subsidiaries: §51A", SA-2: "Outsourcing"
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28 Dec 2001
SA-2 Outsourcing
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10 Apr 2025
GL Glossary
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17 Jan 2025
IN Introduction
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CR-G-5 Country Risk Management
CIR
Current
28 Dec 2001
Supervisory Policy Manual ("SPM") - CG-4: "Establishment of Overseas Banking Subsidiaries: §51A", SA-2: "Outsourcing"
SPM-NGL
Current
28 Dec 2001
SA-2 Outsourcing
SPM
Current
10 Apr 2025
GL Glossary
SPM
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17 Jan 2025
IN Introduction
SPM-NGL
Current
23 Nov 2001
CR-G-5 Country Risk Management
Version History
Superseded Document
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