GCC Consulting

Self-Assessment of Compliance with Supervisory Policy Manual Module TB-1 “Regulation and Supervision of Trust Business”

The Hong Kong Monetary Authority (HKMA) published a circular which aims to share with authorized institutions (“AIs”) a summary of the results of a self-assessment on compliance with the Supervisory Policy Manual Module TB-1 (“SPM TB-1”) covering the period from 1 June 2023 to 31 December
2023. 

Resources: https://www.hkma.gov.hk/eng/regulatory-resources/regulatory-guides/circulars/

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