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Risk Management Committee Minutes Template for Hong Kong

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Key Requirements PROMPT example:

Risk Management Committee Minutes

"I need Risk Management Committee Minutes for our Hong Kong fintech company's quarterly meeting scheduled for March 15, 2025, with specific focus on cybersecurity risks and new digital payment regulations."

Document background
Risk Management Committee Minutes are essential corporate governance documents required for organizations operating in Hong Kong, particularly those subject to regulatory oversight. These minutes provide a formal record of the committee's risk oversight activities, demonstrating compliance with Hong Kong Companies Ordinance requirements and relevant regulatory guidelines. The document captures critical discussions on risk assessment, management strategies, and policy decisions, serving as evidence of the committee's diligence in overseeing organizational risk management. For financial institutions, these minutes must align with HKMA requirements, while listed companies must ensure compliance with Hong Kong Stock Exchange listing rules regarding risk management documentation. The minutes form part of the organization's official records and may be subject to review by regulators, auditors, and other stakeholders.
Suggested Sections

1. Meeting Details: Date, time, location, and form of meeting (physical/virtual/hybrid)

2. Attendance: List of committee members present, absent with apologies, and other attendees (including invitees, secretariat, observers)

3. Quorum Confirmation: Statement confirming meeting quorum was met as per committee terms of reference

4. Declaration of Interests: Record of any declared conflicts of interest relevant to the agenda items

5. Previous Minutes: Confirmation of previous meeting minutes and matters arising/action items review

6. Risk Dashboard Review: Review of key risk indicators, risk appetite statements, and risk metrics

7. Risk Management Updates: Discussion of current risk management issues, emerging risks, and mitigation strategies

8. Compliance Updates: Review of regulatory compliance matters and any regulatory changes affecting risk management

9. Decisions and Resolutions: Formal record of all decisions made and resolutions passed during the meeting

10. Action Items: List of agreed actions, responsible parties, and deadlines

11. Meeting Closure: Time of meeting conclusion and date of next meeting

Optional Sections

1. Special Risk Reviews: For meetings where specific risk incidents or special risk assessments are discussed

2. External Expert Presentations: When external consultants or experts present to the committee

3. Policy Reviews: When risk management policies or procedures are reviewed or approved

4. Regulatory Examinations: When discussing regulatory examination findings or responses

5. Strategy Discussion: When reviewing risk aspects of new strategic initiatives

6. Audit Findings: When discussing internal or external audit findings related to risk management

7. Training Sessions: When committee training or education sessions are conducted

Suggested Schedules

1. Risk Dashboard: Detailed risk metrics and KRI reports reviewed during the meeting

2. Risk Assessment Reports: Detailed risk assessment reports discussed during the meeting

3. Policy Documents: Copy of any new or revised policies approved during the meeting

4. Presentation Materials: Copies of presentations made to the committee

5. Technical Analysis: Any technical analysis or research papers presented

6. Regulatory Correspondence: Copies of relevant regulatory communications discussed

7. Action Items Log: Detailed tracking log of outstanding action items

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses

























Relevant Industries

Banking and Financial Services

Insurance

Asset Management

Securities and Brokerage

Listed Companies

Real Estate Investment

Manufacturing

Technology

Healthcare

Transportation and Logistics

Energy and Utilities

Telecommunications

Professional Services

Retail and Consumer Goods

Relevant Teams

Risk Management

Corporate Governance

Legal

Compliance

Internal Audit

Company Secretariat

Executive Management

Board of Directors

Finance

Operations

Relevant Roles

Chief Risk Officer

Risk Committee Chairperson

Board Member

Company Secretary

Chief Executive Officer

Chief Financial Officer

Chief Compliance Officer

Risk Manager

Internal Audit Director

Legal Counsel

Corporate Governance Officer

Regulatory Compliance Manager

Risk Analysis Manager

Board Secretary

Executive Director

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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