Regulatory Alerts2012-01-20
Added · Updated
Applicability of Enhanced Measures to Sales of Investment Products to Private Banking Customers
The Hong Kong Monetary Authority issued this circular to extend specific enhanced investor protection measures to private banking customers. These measures, originally established following the Lehman Brothers structured product issues, apply to the distribution of investment products by authorized institutions. The document ensures that private banks adhere to stricter standards when selling complex financial instruments to their private banking clients.
CIR
Current
Issue Date:
20 Jan 2012
20120120-5-EN.pdf (171.3 KB)
Topic:
Wealth Management & MPF - Securities/investment products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
20 Jan 2012
Annex - Applicability of the measures set out in the HKMA’s circular “Implementation of recommendations in the HKMA’s Report on Issues Concerning the Distribution of Structured Products Connected to Lehman Brothers” dated 25 March 2009 to private banks
CIR
Current
18 Apr 2011
Important Facts Statement (IFS) for Currency-Linked Instruments and Interest Rate-Linked Instruments Issued by Authorized Institutions (AIs) (“ILCL instruments”)
CIR
Archive
20 May 2010
Implementation of Pre-Investment Cooling-off Period for Retail Customers
CIR
Archive
25 Mar 2009
Implementation of recommendations in the HKMA's Report on Issues Concerning the Distribution of Structured Products Connected to Lehman Brothers ("the HKMA's Report")
Annex
Current
20 Jan 2012
Annex - Applicability of the measures set out in the HKMA’s circular “Implementation of recommendations in the HKMA’s Report on Issues Concerning the Distribution of Structured Products Connected to Lehman Brothers” dated 25 March 2009 to private banks
CIR
Current
18 Apr 2011
Important Facts Statement (IFS) for Currency-Linked Instruments and Interest Rate-Linked Instruments Issued by Authorized Institutions (AIs) (“ILCL instruments”)
CIR
Archive
20 May 2010
Implementation of Pre-Investment Cooling-off Period for Retail Customers
CIR
Archive
25 Mar 2009
Implementation of recommendations in the HKMA's Report on Issues Concerning the Distribution of Structured Products Connected to Lehman Brothers ("the HKMA's Report")
Version History
Superseded Document
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