Regulatory Alerts2021-07-29
Added · Updated
Guideline on a Sound Remuneration System
The Hong Kong Monetary Authority issued this guideline to establish standards for sound remuneration systems within all authorized institutions. It requires institutions to align compensation practices with prudent risk management and long-term sustainability to avoid excessive risk-taking. The document outlines specific principles for designing remuneration structures that support effective corporate governance and regulatory compliance.
SPM-NGL
Current
Issue Date:
29 Jul 2021
CG-5.pdf (621.4 KB)
Topic:
Corporate Governance - Remuneration
Keyword:
Group:
All Authorized Institutions
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Cross referenced Document
Version History
Superseded Document
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12 Mar 2015
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19 Mar 2010
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CIR
Current
29 Jul 2021
Revised SPM Module CG-5 on Remuneration Systems
SPM-SGL
Current
01 Aug 2025
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions
SPM
Current
10 Apr 2025
GL Glossary
SPM
Current
17 Jan 2025
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Current
09 Dec 2022
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Current
31 Oct 2017
IC-2 Internal Audit Function
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06 Oct 2017
IC-1 Risk Management Framework
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24 May 2002
CG-2 Systems of control for the appointment of managers
SPM-NGL
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12 Mar 2015
CG-5 Guideline on a Sound Remuneration System V2
SPM-NGL
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19 Mar 2010
CG-5 Guideline on a Sound Remuneration System V1
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