Regulatory Alerts2022-12-23
Added · Updated
Supervisory Policy Manual (SPM): Revised Module SA-1 on Risk-based Supervisory Approach
The Hong Kong Monetary Authority issued this circular to revise Module SA-1 of the Supervisory Policy Manual, integrating climate risk management into the risk-based supervisory approach for all authorized institutions. The revision aligns the framework with the authority's broader efforts to embed climate risk in banking supervision, as referenced in related documents such as CIR 30 Jun 2022 and GS-1. This update ensures that supervisors assess and address climate-related financial risks as a core component of their ongoing supervisory activities.
CIR
Current
Issue Date:
23 Dec 2022
20221223-1-EN.pdf (181.4 KB)
Topic:
Green & Sustainable Banking - Climate risk management
Supervisory Approach
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
SPM-NGL
Current
23 Dec 2022
SA-1 Risk-based Supervisory Approach
Annex
Current
23 Dec 2022
Enclosure - Risk-based Supervisory Approach (marked-up version)
CIR
Current
30 Jun 2022
Embedding climate risk in banking supervision
SPM-NGL
Current
30 Dec 2021
GS-1 Climate Risk Management
SPM-NGL
Current
23 Dec 2022
SA-1 Risk-based Supervisory Approach
Annex
Current
23 Dec 2022
Enclosure - Risk-based Supervisory Approach (marked-up version)
CIR
Current
30 Jun 2022
Embedding climate risk in banking supervision
SPM-NGL
Current
30 Dec 2021
GS-1 Climate Risk Management
Version History
Superseded Document
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