Hong Kong Interbank Clearing Limited Awarded ISO 27001
The Hong Kong Interbank Clearing Limited (HKICL), which is a subsidiary of the Hong Kong Monetary Authority (HKMA) and Hong Kong Association of Banks (HKAB), is the sole system operator of interbank clearing and settlement systems (HKD RTGS, USD RTGS, Euro RTGS, RMB RTGS and bulk clearing systems), and debt securities settlement system and central securities depository (Central Moneymarkets Unit) in Hong Kong, designated under Hong Kong's Clearing and Settlement Systems Ordinance (CSSO).
According to Ms. Haster Tang, CEO of HKICL, the key objective of HKICL is to develop and operate a safe and efficient multi-currency and multi-dimensional financial infrastructure in Hong Kong. The main reason for HKICL to apply certification on ISO 9001 and ISO 27001 is part of its continuing efforts to demonstrate HKICL's services have always been meeting the international quality and security standards. The certification demonstrates company's standard and gives confidence to HKICL's stakeholders and users, and relevant regulatory bodies.
Besides the certification of ISO 9001, HKICL further applied the ISO 27001 certification this year with a view (i) to improve the internal awareness of information security through the implementation and continuous assessment of information security management system; (ii) to establish an in-house information security for on-going improvements; (iii) to introduce an organised and systematic set of information security controls for safeguarding information assets of the company. With the well established systems, staff can ascertain the quality of the company’s internal documentation so as to minimize any procedural errors and to a certain extent, key person dependency.
With the implementation of an information security management system in compliance with ISO 27001, HKICL has further improved its information security operations by: (i) systematically examining its information security risks; (ii) developing and implementing a comprehensive suite of information security controls based on the 11 control areas classified in ISO 27001, and risk mitigation measures; and (iii) adopting a well formed management process to ensure that the information security controls continue to meet HKICL's information security needs on an on-going basis.
Read more about Hong Kong Interbank Clearing Limited Awarded ISO 27001. (PDF 116 KB)
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