Regulatory Alerts2025-08-01
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Gazettal of revised SPM CG-1 on corporate governance
The Hong Kong Monetary Authority has issued a revised version of SPM module CG-1 on corporate governance as statutory guidance under the Banking Ordinance. The updates primarily align the module with a December 2021 circular to minimize potential conflicts of interest for directors and senior management holding external positions. The revised module took effect on 1 August 2025 and is available on the HKMA’s public and Supervisory Communication websites.
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