Describes the HKMA's approach to regulating and supervising trust business: the terminology and application including exemptions, the conduct requirements (compliance with the Code of Practice for Trust Business in the Annex, appointment of managers and responsible officers, non-compliance), introduction or referral services, the supervisory approach (guidelines and standards, on-site examinations, off-site reviews), notification and reporting requirements and the list of trustees. Classification: a statutory guideline issued by the Monetary Authority under the Banking Ordinance §7(3); version V.1, 27.05.22; applies to AIs conducting trust business and their subsidiaries as specified.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.