meta_id 3029722

On April 1, 2026, the Hong Kong Monetary Authority (HKMA) issued guidance on current good practices for addressing vulnerabilities related to operational resilience. The guidance applies to all authorized institutions operating in Hong Kong's banking system. The HKMA's guidance addresses operational resilience by identifying and mitigating vulnerabilities that could impact banking institutions' ability to continue critical operations during adverse conditions. Operational resilience has become increasingly important as financial institutions face growing threats from cyber incidents, system failures, and other operational disruptions. The guidance provides authorized institutions with best practices for strengthening their operational frameworks, ensuring continuity of essential services, and managing risks that could compromise service delivery to customers and the broader financial system. The guidance is structured to help authorized institutions assess their operational vulnerabilities, implement preventive measures, and develop robust recovery capabilities. It complements existing HKMA requirements on business continuity planning and operational risk management, providing a comprehensive approach to building institutional resilience. The HKMA has published the guidance alongside an annex containing detailed good practices for addressing operational resilience vulnerabilities. All authorized institutions should review the guidance and assess their current operational frameworks against the recommended practices. The guidance is effective immediately and institutions should implement the recommended practices as part of their ongoing operational risk management frameworks. **Reference:** Hong Kong Monetary Authority Banking Regulatory Document Repository, Current Good Practices for Addressing Vulnerabilities Related to Operational Resilience (April 1, 2026)