Regulatory Alerts2007-12-12
Added · Updated
Supervisory Policy Manual SR-1: Strategic Risk Management
The Hong Kong Monetary Authority issued Supervisory Policy Manual SR-1 to establish standards for strategic risk management within all authorized institutions. The document outlines the requirements for boards and senior management to identify, assess, and mitigate strategic risks that could adversely affect the institution's objectives. It emphasizes the integration of strategic risk considerations into the overall governance framework and decision-making processes.
Topics
Share