Regulatory Alerts2007-12-12
Added · Updated
Supervisory Policy Manual SR-1: Strategic Risk Management
The Hong Kong Monetary Authority issues this non-statutory guideline to establish its supervisory approach and provide guidance to Authorized Institutions on effective strategic risk management. The document defines strategic risk and mandates that institutions implement a comprehensive framework encompassing strategic planning, alignment, monitoring, and performance evaluation. HKMA supervisors assess these frameworks through on-site examinations and off-site reviews to determine supervisory priorities and ensure compliance with authorization criteria under the Banking Ordinance.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share