Manager-in-Charge (MIC) vs Responsible Officer (RO)
Manager-in-charge (MIC) regime was implemented on 17 October 2017. Under the regime, MICs of overall management oversight and key business line functions are expected to be responsible officers (ROs) who are the vast majority of these MICs. What are the key differences between MIC and RO?
This lunch and learn session will explain the differences, reinforce the key requirements under the MIC regime and discuss some of the practical issues.
1. What is MIC?
2. Key differences between MIC and RO
3. Recap the key requirements under the MIC regime
4. Selected practical issues discussion
Who should attend
It is primarily targeted to those who are or going to be the MICs. Target audience should have attended the HKSI Institute’s eCourse “Introduction to the Manager-In-Charge (MIC) Regime” prior to attending this lunch and learn session.