Regulatory Alerts2017-10-11
Added · Updated
On-boarding Programme for Independent Non-Executive Directors
The Hong Kong Monetary Authority issued this Circular to establish an on-boarding programme for Independent Non-Executive Directors of locally incorporated authorized institutions. The document outlines specific capacity-building requirements and guidelines to ensure directors possess the necessary knowledge for effective governance. This initiative complements previous regulations aimed at empowering INEDs within the Hong Kong banking industry.
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