Regulatory Alerts2021-07-29
Added · Updated
Revised SPM Module CG-5 on Remuneration Systems
The Hong Kong Monetary Authority issued this revised guideline on 29 July 2021 to establish standards for sound remuneration systems within all authorized institutions. The document supersedes previous versions to ensure alignment with current corporate governance expectations and regulatory requirements. It mandates that institutions implement remuneration policies that support effective risk management and long-term sustainability.
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