The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have endorsed the Banking Industry Integrity Charter launched by the Independent Commission Against Corruption (ICAC) to enhance integrity in the banking sector. At a launch ceremony attended by senior management from 30 banks, the charter aims to foster a culture of integrity and implement anti-corruption measures through public-private collaboration. ICAC will offer tailored recommendations and training to support banks in strengthening their internal anti-corruption efforts. Leaders from HKMA, ICAC, and HKAB emphasized that the charter will bolster customer trust and uphold Hong Kong’s reputation as an international financial center.
Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2024/10/20241009-4/