Regulatory Alerts2025-01-17
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HKMA Supervisory Policy Manual Introduction
The Hong Kong Monetary Authority issued this Supervisory Policy Manual to establish supervisory policies, minimum standards, and best practices for Authorized Institutions and Approved Money Brokers under the Banking Ordinance. The document outlines a risk-based supervisory framework that requires entities to maintain appropriate risk management systems while distinguishing between mandatory statutory guidelines and recommended non-statutory guidance. It further details the manual's organizational structure, classification of modules, and the consequences of non-compliance with regulatory standards.
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