2 December 2002
The Chief Executive
All authorized institutions
Dear Sir / Madam,
I am pleased to inform you that, following consultation with the industry, the Monetary Authority is issuing the above module of the SPM today.
This module, which sets out the HKMA's supervisory approach to business continuity planning and the sound practices that the HKMA expects AIs to take into consideration in this regard, is being issued as a guidance note. On-line access to the above module is available under the icon of "Supervisory Policy Manual" in the HKMA's public (http://www.info.gov.hk/hkma/eng/bank/spma/index.htm) and private (http://www.hkfin.net) web-sites.
Should you have any questions relating to this module, please feel free to contact Mr. Shu-Pui Li on 2878 1826 or Mr. Brian Lee on 2878 1651.
Executive Director (Banking Development)