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Banks showing signs of positive culture reform: HKMA

HKMA Asian Private Banker
The Hong Kong Monetary Authority

The Hong Kong Monetary Authority (HKMA) has announced a number of early successes it has witnessed in the private banking sector since it began ramping up efforts to improve bank culture in the city. The regulator first proposed bank culture reform in March 2017, encouraging banks to develop solid bank culture frameworks based on three pillars — governance, incentive systems,…

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