Regulatory Alerts2023-09-07
Added · Updated
Good Practices for Talent Development
The Hong Kong Monetary Authority issued this letter to outline expectations for Authorized Institutions regarding talent development practices in manpower planning, upskilling, reskilling, and recruitment. The regulator mandates that institutions review their current strategies against these expectations and take concrete actions to address any identified gaps. Additionally, the HKMA will conduct an annual Talent Development Survey and update the Supervisory Policy Manual module on Competence and Ethical Behaviour to provide further supervisory guidance.
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