Regulatory Alerts2007-12-12
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Supervisory Policy Manual SPM SR-1: Strategic Risk Management
The Hong Kong Monetary Authority issued Supervisory Policy Manual SR-1 to establish expectations for strategic risk management within all authorized institutions. This directive requires institutions to implement robust governance frameworks and processes to identify, assess, and mitigate strategic risks effectively. The policy aims to ensure that strategic decisions align with the institution's risk appetite and long-term sustainability goals.
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