Business organizations have recently experimented an increasing risk exposure due to several exogenous factors (e.g. the legal and regulatory framework, the technological innovation and the volatility of financial markets and commodities), actually exacerbated by the current economic crisis...

The institutional framework for Macroprudential Policies (MaPP) in the Hong Kong Special Administrative Region (the Hong Kong SAR) is well established. According to the Basic Law, the Government of the Hong Kong SAR shall on its own formulate monetary and financial policies. The Financial...