A guide to strong risk culture and risk management in the MPF industry

May 2018

The MPFA, along with other financial regulators in Hong Kong, are taking a firm stand on matters related to risk culture as well as risk management and internal control frameworks. This guide has been designed to assist MPF trustee directors and executive management in assessing where they are on their risk culture and risk management journey. The guide:

  • examines the roles and responsibilities of MPF trustees as well as highlighting some established and emerging cultural and operational issues within the MPF industry
  • provides some thoughts on future actions and industry best practices which can be undertaken by MPF trustees to enhance and strengthen their risk culture and risk management frameworks in order to help mitigate these issues and challenges, and
  • touches on the role that MPF sponsors play in the MPF industry and the support that they can provide to MPF trustees.

Contact us

Marie-Anne Kong

Hong Kong Asset and Wealth Management Leader, PwC Hong Kong

Tel: +[852] 2289 2707

Helen Li

Partner, PwC Hong Kong

Tel: +[852] 2289 2741

Carlyon Knight-Evans

Partner, PwC Hong Kong

Tel: +[852] 2289 2711

Albert Lo

Partner, PwC Hong Kong

Tel: +[852] 2289 1925

Nick Hamer

Third Party Trust China and Hong Kong Leader, Risk Assurance, PwC Hong Kong

Tel: +[852] 2289 8545

Gary Ng

Partner, PwC Hong Kong

Tel: +[852] 2289 2967

Follow us