Regulatory Alerts2017-10-31
Added · Updated
Revision of Supervisory Policy Manual Module IC-2 Internal Audit Function
The Hong Kong Monetary Authority issued a revision to Supervisory Policy Manual Module IC-2 regarding the internal audit function for all authorized institutions. This update aligns domestic regulatory expectations with the Basel Committee on Banking Supervision's revised guidance on internal audit functions in banks. The document establishes updated standards and expectations for the independence, scope, and effectiveness of internal audit activities within regulated entities.
CIR
Current
Issue Date:
31 Oct 2017
20171031-1-EN.pdf (90.8 KB)
Topic:
Internal Controls - Internal audit function
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
31 Oct 2017
IC-2 Internal Audit Function
SPM-NGL
Current
31 Oct 2017
IC-2 Internal Audit Function
Cross referenced Document
Version History
Superseded Document
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