24 June 2003
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 provides AIs with guidance on general principles that AIs are expected to consider in managing technology-related risks, 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 at 2878 1826 or Mr. Brian Lee at 2878 1651.
Executive Director (Banking Development)