Regulatory Alerts2008-12-17
Added · Updated
Supervisory Policy Manual RR-1: Reputation Risk Management
The Hong Kong Monetary Authority issues this non-statutory guideline to establish its supervisory approach and provide guidance to Authorized Institutions on managing reputation risk. The document requires institutions to implement effective processes for identifying, assessing, controlling, and monitoring reputation risks commensurate with their size and complexity. It outlines supervisory objectives, key risk drivers, and governance expectations to ensure institutions maintain public confidence and avoid crises stemming from negative publicity or operational failures.
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