Regulatory Alerts2011-03-14
Added · Updated
Enhanced Regulatory Requirements on Selling of Investment-Linked Assurance Scheme Products
The Hong Kong Monetary Authority issued this circular to impose enhanced regulatory requirements on the selling of Investment-Linked Assurance Scheme products by authorized institutions. The document mandates specific control measures to ensure that sales practices are conducted with integrity and that customers receive appropriate advice. These requirements aim to protect consumers by standardizing the procedures for marketing and distributing investment-linked assurance schemes.
CIR
Current
Issue Date:
14 Mar 2011
20110314-1-EN.pdf (38.7 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Superseded Document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
14 Mar 2011
Annex - Control Measures for Selling of ILAS Products
Annex
Current
14 Mar 2011
Annex - Control Measures for Selling of ILAS Products
Cross referenced Document
Version History
Superseded Document
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