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Hong Kong: An Ecosystem Approach to Bank Culture Reform | Regulation Asia

The HKMA is addressing culture and conduct risk by learning from other markets, engaging with other regulators, and exploring new technology, say Jeff Kupfer and Stephen Scott at Starling Trust.

This article focuses on Hong Kong, where regulators are building on their previous efforts to address culture and conduct. The Hong Kong Monetary Authority (HKMA), for instance, is looking to learn from the Australian experience, by asking the financial institutions it oversees to indicate why similar issues would not be a risk domestically.

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