Regulatory Alerts2024-01-24
Added · Updated
Amendments to Implementation Arrangements for the Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area
The Hong Kong Monetary Authority issued amendments to the implementation arrangements for the Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area. These updates modify the regulatory framework governing the Southbound and Northbound schemes to ensure continued compliance with investor protection and operational standards. The document aligns with related guidelines on competence, ethical behavior, and risk management to facilitate cross-border wealth management activities.
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