Regulatory Alerts2016-08-31
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Operational Incidents Watch Issue No. 6
The Hong Kong Monetary Authority issued Circular CIR 31 Aug 2016 to provide the sixth issue of the Operational Incidents Watch for all Authorized Institutions. This document serves as a regulatory update on operational risk management and IT incident monitoring within the financial sector. It reinforces the importance of internal controls and risk management functions for regulated entities.
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