Regulatory Alerts2012-08-30
Added · Updated
Training for Directors of Locally Incorporated Authorized Institutions
The Hong Kong Monetary Authority issued this directive to assess the training provided to directors of locally incorporated authorized institutions in order to identify resource gaps and potential coordination benefits. The regulator requires institutions to complete a questionnaire regarding their current training practices and needs assessment by 21 September 2012. Aggregate data collected from these submissions will be shared with the Hong Kong Institute of Bankers to facilitate further cooperation, while individual institution-specific information remains strictly confidential.
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