Regulatory Alerts2026-05-22
Added · Updated
Expected controls for account opening and maintaining relationships with clients with investment accounts
The Securities and Futures Commission issued this circular on 22 May 2026 to establish expected controls for authorized institutions regarding the opening and maintenance of client investment accounts. The document mandates specific measures for managing relationships with clients, including additional requirements for accounts held by Chinese Mainland investors. These controls aim to enhance regulatory oversight and ensure robust compliance with anti-money laundering and suitability standards in wealth management activities.
CIR
Current
Issue Date:
22 May 2026
20260522-10-EN.pdf (146.0 KB)
Topic:
Wealth Management & MPF - Securities/investment products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
22 May 2026
Expected controls for account opening and maintaining relationships with clients with investment accounts
Annex
Current
22 May 2026
Annex 2 - Frequently asked questions for the circular on expected controls for account opening and maintaining relationships with clients with investment accounts
Annex
Current
22 May 2026
Attachment - Circular to licensed corporations Expected controls for account opening and maintaining relationships with clients
SPM-SGL
Current
25 May 2023
AML-2 Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized Institutions)
CIR
Current
23 Feb 2017
Guidance on selling of investment products and handling of client securities
CIR
Current
22 May 2026
Expected controls for account opening and maintaining relationships with clients with investment accounts
Annex
Current
22 May 2026
Annex 2 - Frequently asked questions for the circular on expected controls for account opening and maintaining relationships with clients with investment accounts
Annex
Current
22 May 2026
Attachment - Circular to licensed corporations Expected controls for account opening and maintaining relationships with clients
SPM-SGL
Current
25 May 2023
AML-2 Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized Institutions)
CIR
Current
23 Feb 2017
Guidance on selling of investment products and handling of client securities
Version History
Superseded Document
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