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.
CIR
Current
Issue Date:
30 Aug 2023
20230830-4-EN.pdf (186.0 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Wealth Management & MPF - Securities/investment products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
08 Jul 2022
Selling of Protection Linked Plan
Directly related Document
CIR
Current
08 Jul 2022
Selling of Protection Linked Plan
Version History
Superseded Document
You may also be interested in
CIR
Archive
30 Oct 2018
Sale and Distribution of Debt Instruments with Loss-absorption Features and Related Products
CIR
Current
29 Oct 2021
Findings of concurrent SFC-HKMA thematic review of spread charges and other practices
Annex 2: Key observations by the Hong Kong Monetary Authority
CIR
Archive
21 Mar 2019
Implementation Arrangements on the Enhanced Investor Protection Measures for Sale and Distribution of Debt Instruments with Loss-absorption Features and Related Products