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Our Ref : |
B1/15C |
25 April 2003
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The Chief Executive |
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All Authorized Institutions |
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Dear Sir / Madam,
Supervisory Policy Manual
IC-1: "General
Risk Management Controls"
I am pleased to inform you that, following consultation with the industry, the Monetary Authority is issuing the above guideline under Section 7(3) of the Banking Ordinance today.
This guideline specifies the general controls which the Monetary Authority expects AIs to have in place in their risk management systems. On-line access to the guideline is available under the icon of "Supervisory Policy Manual" in the HKMA's public (http://www.info.gov.hk/hkma) and private (http://www.hkfin.net) web-sites.
Should you have any questions relating
to this guideline, please feel free to contact Ms Michelle Quek on
2878-8218 or Mr Angus Chan on
2878-1287.
Yours faithfully,
Rita Yeung
Acting Executive Director (Banking Policy)
| c.c | The Chairman, Hong
Kong Association of Banks The Chairman, The DTC Association
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