Regulatory Alerts2020-01-24
Added · Updated
Supervisory Policy Manual (SPM): CA-G-5 Supervisory Review Process
The Hong Kong Monetary Authority issued this Supervisory Policy Manual to outline the supervisory review process for locally incorporated authorized institutions under Pillar 2 of capital adequacy regulations. The document establishes the framework for assessing institutions' internal capital adequacy assessment processes and strategies to ensure they maintain sufficient capital to cover all material risks. It provides guidance on how supervisors evaluate these internal processes to promote sound risk management and financial stability within the banking sector.
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