Regulatory Alerts2023-09-07
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Good Practices for Talent Development
The Hong Kong Monetary Authority issued this document to outline expectations for Authorized Institutions regarding manpower planning, upskilling, reskilling, and recruiting. It mandates that institutions establish robust strategic processes with measurable targets to address future talent needs and foster a conducive learning culture. The report highlights observed good practices, such as leveraging technology for training and expanding the talent pipeline through industry-wide initiatives.
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