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.
CIR
Current
Issue Date:
22 Apr 2013
20130422-1-EN.pdf (152.9 KB)
Topic:
Wealth Management & MPF - Insurance products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
22 Apr 2013
Enclosure - Template for the remuneration disclosure statement
CIR
Current
05 Jan 2012
Selling of Investment Products
CIR
Current
14 Mar 2011
Enhanced Regulatory Requirements on Selling of Investment-Linked Assurance Scheme (ILAS) Products
CIR
Archive
20 May 2010
Implementation of Pre-Investment Cooling-off Period for Retail Customers
Annex
Current
22 Apr 2013
Enclosure - Template for the remuneration disclosure statement
CIR
Current
05 Jan 2012
Selling of Investment Products
CIR
Current
14 Mar 2011
Enhanced Regulatory Requirements on Selling of Investment-Linked Assurance Scheme (ILAS) Products
CIR
Archive
20 May 2010
Implementation of Pre-Investment Cooling-off Period for Retail Customers
Version History
Superseded Document
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