Regulatory Alerts2020-05-22
Added · Updated
Report on Review of Self-assessments on Bank Culture
The Hong Kong Monetary Authority issued this circular on 22 May 2020 to present findings from a review of self-assessments regarding bank culture conducted by authorized institutions. The document highlights key observations and areas for improvement in how banks embed cultural values into their governance and operations. It serves as a regulatory reference to encourage banks to strengthen their cultural frameworks and align them with supervisory expectations.
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