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HKMA TM-G-1 (Tech Risk)

HKMA TM-G-1 (General Principles for Technology Risk Management) is a Supervisory Policy Manual (SPM) issued by the Hong Kong Monetary Authority. it…

What HKMA TM-G-1 (Tech Risk) requires

HKMA TM-G-1 (General Principles for Technology Risk Management) is a Supervisory Policy Manual (SPM) issued by the Hong Kong Monetary Authority. it provides minimum standards for the management of the technology risks that institutions face, specifically covering the oversight of the e-banking, the logical access controls, and the third-party providers.

Pillar: Banking & Global Finance · Authority: Hong Kong Monetary Authority (HKMA) · Version: 1.1.0 · Last updated:

Primary source: https://www.hkma.gov.hk/media/eng/doc/key-functions/banking-stability/supervisory-policy-manual/TM-G-1.pdf

SHA-256 integrity: ef13284e8e288507658f696352cc0b23aa0f2564a89232ca9f8b6c32da8f4efb

Primary Citations — 6 traced to source

  • HKMA SPM TM-G-1 Section 2.1: Role of the Board and Senior Management - Requires the Board to approve and oversee a comprehensive Technology Risk Management (TRM) framework.
  • HKMA SPM TM-G-1 Section 3.2: Logical Access Controls - Mandates 'need-to-know' and 'least privilege' principles, strict password controls, and periodic access reviews.

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