Regulatory Alerts2026-01-08
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HKMA Practice Guide on Cloud Adoption
The Hong Kong Monetary Authority issued this Practice Guide to establish supervisory expectations for Authorized Institutions adopting cloud technology in a prudent manner. It mandates comprehensive governance frameworks, rigorous pre-adoption risk assessments, and enforceable contractual safeguards with cloud service providers. The document further requires ongoing monitoring, incident management, and robust exit strategies to ensure operational resilience and regulatory compliance.
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