Regulatory Alerts2018-01-05
Added · Updated
Enhanced disclosure requirements on sale of structured products not regulated by the Securities and Futures Ordinance
The Hong Kong Monetary Authority requires authorized institutions to apply revised Code of Conduct paragraphs regarding the sale of structured products not regulated by the Securities and Futures Ordinance. Institutions must disclose the existence, nature, and maximum percentage of non-quantifiable monetary benefits received from product issuers, as well as their independence status relative to the products distributed. These enhanced transparency measures must be implemented by authorized institutions before the end of 2018.
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