Regulatory Alerts2007-06-01
Added · Updated
Circular on SFC Report on Findings of Second Round of Thematic Inspection of Licensed Investment Advisers
The Hong Kong Monetary Authority issued this circular to direct Registered Institutions to review the Securities and Futures Commission's report on thematic inspections of licensed investment advisers. The document mandates that institutions study the report's findings and implement proper controls to ensure compliance with regulatory standards for investment advisory activities. The HKMA will continue to monitor individual institutions' adherence to these requirements through its ongoing supervisory process.
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