Regulatory Alerts2023-08-30
Added · Updated
Alternative Arrangement for Meeting the Audio Recording Requirement of Protection Linked Plan
The Hong Kong Monetary Authority issued this circular to provide an alternative arrangement for authorized institutions regarding the audio recording requirement for Protection Linked Plans. This measure addresses specific compliance obligations under the regulatory framework for the sale and distribution of these investment products. The guidance ensures that institutions can meet consumer protection standards while adhering to the specified recording protocols.
Topics
Share