Regulatory Alerts2022-07-25
Added · Updated
Supervisory Policy Manual Module OR-1 on Operational Risk Management
The Hong Kong Monetary Authority issued this circular to publish the revised Supervisory Policy Manual module OR-1 on Operational Risk Management. The document establishes updated expectations for authorized institutions regarding the identification, assessment, monitoring, and mitigation of operational risks. It serves as the primary regulatory guidance for maintaining robust operational risk management frameworks within the financial sector.
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