Regulatory Alerts2018-02-08
Added · Updated
Distribution of Fixed Income and Structured Products
The Securities and Futures Commission issued this circular on 8 February 2018 to outline key observations and good practices for authorized institutions distributing fixed income and structured products. The document references an effective resolution regime for financial institutions and notes that specific guidance on selling accumulators has been superseded by a later HKMA circular. It serves as a regulatory framework to ensure proper conduct and risk management in the distribution of these investment products.
CIR
Current
The 4 th bullet point in the 2 nd paragraph of the cover letter has been superseded by the HKMA’s circular dated 14 March 2025 on “Guidance on Selling of Accumulators”.
Issue Date:
08 Feb 2018
20180208-1-EN.pdf (757.1 KB)
Topic:
Miscellaneous - SFC/IA/MPFA
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Superseded Document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
08 Feb 2018
Annex 1 - Key observations and good practices noted in respect of distribution of fixed income and structured products
Annex
Current
08 Feb 2018
Annex 2 - SFC circular on 25 Jan 2018
CPR
Archive
17 Jan 2018
An Effective Resolution Regime for Financial Institutions in Hong Kong Financial Institutions (Resolution) Ordinance (Chapter 628) Rules on Loss-Absorbing Capacity Requirements for Authorized Institutions
CIR
Archive
22 Dec 2010
Selling of Accumulators
Annex
Current
08 Feb 2018
Annex 1 - Key observations and good practices noted in respect of distribution of fixed income and structured products
Annex
Current
08 Feb 2018
Annex 2 - SFC circular on 25 Jan 2018
CPR
Archive
17 Jan 2018
An Effective Resolution Regime for Financial Institutions in Hong Kong Financial Institutions (Resolution) Ordinance (Chapter 628) Rules on Loss-Absorbing Capacity Requirements for Authorized Institutions
CIR
Archive
22 Dec 2010
Selling of Accumulators
Version History
Superseded Document
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