Hkma supervisory policy manual technology risk management

Supervisory Policy Manual on General Principles for Technology Risk Management (TM-G-1): This Supervisory Policy Manual provides AIs with guidance on general principles which AIs are expected to consider in managing technology-related risks. Taken together, AIs can use this information to commence their due diligence and assess how to implement an appropriate information security, risk .  · In July, the HKMA issued draft guidelines on climate risk management for consultation with the banking industry, seeking to impose supervisory expectations on banks on addressing climate-related issues through a new supervisory policy manual. HKMA Supervisory Policy Manual HKMA Guidelines HKMA Banking Policy and Supervision CAP Banking Ordinance Sample Process Maps for HKMA Regulations TM-G General Technology Risk Management. 24 Jun TM-G-1 General principles for technology risk management: 2 Dec TM-G-2 Business continuity planning - TM-E Electronic Banking.

The Hong Kong Monetary Authority (HKMA) is the government framework that has been established for security and risk management. HKMA instead recommend the AIs to adopt the standards set out by international organizations including: For HKMA, the supervisory policy manual10 has guidelines for the. HKMA issued a revised version of the Supervisory Policy Manual module TM-E-1 on risk management of electronic banking (e-banking). This module sets out guidance on the sound risk management principles and practices applicable to authorized institutions' e-banking services. The guidance took into account the latest developments in banking. • Supervisory Policy Manual on General Principles for Technology Risk Management (TM-G-1): Provide authorized institutions (AIs) with guidance on general principles which AIs are expected to consider in managing technology-related risks. • Supervisory Policy Manual on Outsourcing (SA-2): Set out the HKMA's supervisory.

This Manual sets out the HKMA’s latest supervisory policies and practices, the minimum standards authorized institutions (“AIs”) are expected to attain in order to satisfy the requirements of the Banking Ordinance and recommendations on best practices that AIs should aim to achieve. Supervisory Policy Manual ("SPM") TM-G 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. AWS User Guide to the Hong Kong Monetary Authority on Outsourcing and General Principles for Technology Risk Management Supervisory Policy Manuals 1 Overview The Hong Kong Monetary Authority (HKMA) issues guidelines to provide the Hong Kong banking industry with practical guidance to facilitate compliance with regulatory requirements.