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Investor Presentaiton

MORGAN STANLEY BANK ASIA LIMITED UNAUDITED SUPPLEMENTARY FINANCIAL INFORMATION Year ended 31 December 2020 H. PILLAR 3 DISCLOSURE (CONTINUED) Table OVA: Overview of risk management (continued) Firm Risk Management Functions (continued) Liquidity Risk The Liquidity Risk Department ("LRD") oversees the liquidity risk arising from the Company's business activities. LRD independently ensures transparency of material liquidity risks, compliance with established risk limits, escalation of risk concentrations to senior management, adherence to sound business practices, and compliance with applicable regulations and supervisory guidance. Operational Risk The Operational Risk Department ("ORD") provides independent oversight and challenge of Operational Risk management within the Company by identifying, measuring, monitoring and controlling Operational Risks and independently validating the effectiveness and consistency of risk management processes via its Operational Risk framework. Legal and Compliance Department The Company has established procedures based on legal and regulatory requirements that are designed to facilitate compliance with applicable statutory and regulatory requirements as well as Morgan Stanley's global standard relating to business conduct, ethics and practices. • · Compliance Department The Compliance Department helps to ensure the Company's compliance and adherence to the relevant laws, regulations, and standards that govern its business activities as well as adherence to the internal policies and procedures. Moreover, Compliance Department is also responsible for identifying, measuring, mitigating and reporting on compliance related risks. Legal Department The Legal Department reports to the International General Counsel and provides legal and regulatory advice that protects the Company's financial well-being and reputation and assists the Business Units to understand legal risk and to comply with relevant financial services related laws, regulations, guidance, policies and standards. Global Financial Crimes The Company has adopted an AML policy which outlines the Company's anti-money laundering compliance program. This AML policy sets forth the guiding principles and consistent standards for best practices reasonably designed to protect the Company's business from being used to facilitate money laundering, terrorist financing, or other illicit activities. The Company is subject to risk of major regulatory sanctions and reputation damage if the Company significantly fails to comply with applicable AML, sanction screening laws, or Anti- Bribery and Corruption rules. Financial crimes related issues are reported as required to the Franchise Risk Officer, the Company's Global Financial Crimes Committee, Management Committee and the Board of Directors. 73
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