Risk ManagementRisk Management

Risk Management

Risk Management

Risk Management Structure


The Group’s risk management is underpinned by the Group’s risk appetite and is subject to the respective Boards’ oversight, through the Risk Management Committees (“RMCs”) of the Bank and Public Finance, which are Board Committees overseeing the establishment of enterprise-wide risk management policies and processes. The RMCs are assisted by the specific risk oversight committees including the Assets and Liabilities Management Committee (“ALCO”), Operational Risk Management Committee (“ORMC”), Credit Committee, Credit Risk Management Committee (“CRMC”), and Anti-Money Laundering and Counter-terrorist Financing and Compliance Committee or equivalent committees with similar functions of the Bank and Public Finance.


The Group has established systems, policies and procedures for the control and monitoring of interest rate risk, market risk, credit risk, liquidity risk, operational risk and climate-related risk, which are approved by the respective Boards of the Bank and Public Finance and reviewed regularly by their management, and other designated committees or working groups. Material risks are identified and assessed by designated committees and/or working groups before the launch of new products or business activities, and are monitored, documented and controlled against applicable risk limits after the introduction of new products or services or implementation of new business activities. Internal auditors of the Bank and Public Finance also perform regular audits to ensure compliance with the policies and procedures.

AML and KYC Management