Regulatory Alerts2021-09-24
Added · Updated
Distribution of Investment and Insurance Products through Non-face-to-face Channels
The Hong Kong Monetary Authority issued this circular to establish regulatory expectations for authorized institutions distributing investment and insurance products via non-face-to-face channels. The guidance mandates that institutions implement robust controls to ensure investor protection, including adequate risk assessment, clear disclosure of product features, and secure transaction processes. These requirements apply to all authorized institutions and aim to maintain market integrity while facilitating the use of digital distribution methods.