Supervisory Policy Manual SPM TM-G-1: General Principles for Technology Risk Management

Our Ref: c.c. Circulars 24 Jun 2003 Supervisory Policy Manual ("SPM") TM-G-1: General Principles for Technology Risk Management B9/29C B1/21C 24 June 2003 The Chief Executive All Authorized Institutions Dear Sir / Madam, Supervisory Policy Manual ("SPM") TM-G-1: General Principles for Technology Risk Management I am pleased to inform you that, following consultation with the industry, the Monetary Authority is issuing the above module of the SPM today. This module, which provides AIs with guidance on general principles that AIs are expected to consider in managing technology-related risks, is being issued as a guidance note. On-line access to the above module is available under the icon of "Supervisory Policy Manual" in the HKMA's public (http://www.info.gov.hk/hkma/eng/bank/spma/index.htm) and private (http://www.hkfin.net) web-sites. Should you have any questions relating to this module, please feel free to contact Mr. Shu￾Pui Li at 2878 1826 or Mr. Brian Lee at 2878 1651. Yours faithfully, Raymond LI Executive Director (Banking Development) The Chairman, Hong Kong Association of Banks The Chairman, The Deposit-taking Companies Association Last revision date : 07 September 2011