Regulatory Alerts2020-03-27
Added · Updated
Circular Issued by the Securities and Futures Commission on Reminder of important obligations to ensure suitability and timely dissemination of information to clients
The Securities and Futures Commission issued this circular on March 27, 2020, to remind registered institutions of their critical obligations regarding client suitability and information dissemination during the Covid-19 pandemic. The regulator emphasizes the necessity for licensed corporations to maintain rigorous standards in assessing client appropriateness and ensuring the timely provision of material information despite operational challenges. This guidance reinforces existing investor protection measures by mandating that institutions adapt their processes to uphold fiduciary duties without compromising regulatory compliance.
CIR
Current
Issue Date:
27 Mar 2020
20200327-7-EN.pdf (250.7 KB)
Topic:
Miscellaneous - Covid-19 challenges
Wealth Management & MPF - Securities/investment products
Group:
Registered Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
25 Sep 2019
Investor Protection Measures in respect of Investment, Insurance and Mandatory Provident Fund Products
CIR
Current
20 Dec 2012
Applicability of Enhanced Measures to Sale of Investment Products to Corporate Customers
CIR
Current
20 Jan 2012
Applicability of Enhanced Measures to Sales of Investment Products to Private Banking Customers
Directly related Document
CIR
Current
25 Sep 2019
Investor Protection Measures in respect of Investment, Insurance and Mandatory Provident Fund Products
CIR
Current
20 Dec 2012
Applicability of Enhanced Measures to Sale of Investment Products to Corporate Customers
CIR
Current
20 Jan 2012
Applicability of Enhanced Measures to Sales of Investment Products to Private Banking Customers
Version History
Superseded Document
You may also be interested in
CIR
Current
07 Aug 2020
Reminder of Investor Protection Measures
CIR
Current
22 May 2026
Expected controls for account opening and maintaining relationships with clients with investment accounts
CIR
Current
22 May 2026
Expected controls for account opening and maintaining relationships with clients with investment accounts Attachment: Circular to licensed corporations Expected controls for account opening and maintaining relationships with clients