Regulatory Alerts2016-02-15
Added · Updated
Circular Issued by the Securities and Futures Commission on Protecting Client Assets Against Internal Misconduct Annex 2
The Securities and Futures Commission issued this circular to establish requirements for registered institutions to protect client assets against internal misconduct. The document serves as Annex 2, which contains Appendix 1 to the main SFC circular on this subject. It mandates specific controls and procedures for regulated entities to mitigate risks associated with the misuse of client assets by internal staff.
Topics
safeguarding
Share