Regulatory Alerts2017-10-16
Added · Updated
Management Accountability at Registered Institutions
The Hong Kong Monetary Authority issued this circular to clarify management accountability requirements for all authorized institutions. It establishes expectations for board directors and senior management regarding the oversight of corporate governance and risk management systems. The document serves as a regulatory guideline to ensure robust internal controls and effective supervision within registered financial institutions.
CIR
Current
Issue Date:
16 Oct 2017
20171016-1-EN.pdf (80.5 KB)
Topic:
Corporate Governance - Board Directorship
Corporate Governance - Others
Wealth Management & MPF - Others
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
16 Oct 2017
Annex 1 - Frequently Asked Questions
Annex
Current
16 Oct 2017
Annex 2 - Appendix
SPM-SGL
Current
12 Sep 2025
SB-1 Supervision of regulated activities of SFC-registered authorized institutions
SPM-SGL
Current
01 Aug 2025
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions
SPM-SGL
Current
24 May 2002
CG-2 Systems of control for the appointment of managers
Annex
Current
16 Oct 2017
Annex 1 - Frequently Asked Questions
Annex
Current
16 Oct 2017
Annex 2 - Appendix
SPM-SGL
Current
12 Sep 2025
SB-1 Supervision of regulated activities of SFC-registered authorized institutions
SPM-SGL
Current
01 Aug 2025
CG-1 Corporate Governance of Locally Incorporated Authorized Institutions
SPM-SGL
Current
24 May 2002
CG-2 Systems of control for the appointment of managers
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Superseded Document
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