Regulatory Alerts2013-04-22
Added · Updated
Enhanced Regulatory Requirements on Selling of Investment-Linked Assurance Scheme Products
The Hong Kong Monetary Authority issued this circular to establish enhanced regulatory requirements for the sale of Investment-Linked Assurance Scheme products by authorized institutions. The document mandates specific conduct standards and disclosure obligations to ensure fair treatment of customers during the sales process. It also includes an enclosure providing a template for the remuneration disclosure statement to promote transparency regarding advisor compensation.
Topics
Share