Regulatory Alerts2022-07-22
Added · Updated
Operational Independence of the Monetary Authority as Resolution Authority
The Hong Kong Monetary Authority issued this Code of Practice to establish the operational independence of the Monetary Authority when acting as a Resolution Authority. The document outlines the specific governance and procedural safeguards designed to ensure impartial decision-making during financial institution resolution planning. It serves as a foundational regulatory standard for maintaining integrity in the resolution process for all authorized institutions.
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