Regulatory Alerts2016-04-08
Added · Updated
Feedback from recent reviews of the selling of investment products
The Hong Kong Monetary Authority issued this circular to provide feedback on key observations and practices noted during recent reviews of investment product sales by authorized institutions. The document updates regulatory standards by superseding a previous paragraph with guidance from the HKMA’s March 2025 circular on the selling of accumulators. It serves as a reference for all authorized institutions to ensure compliance with current suitability assessment and selling practices in wealth management.
CIR
Current
The 4th paragraph under “Regulatory standards” in the section “3. Suitability assessment and selling practices” of the Annex has been superseded by the HKMA’s circular dated 14 March 2025 on “Guidance on Selling of Accumulators”.
Issue Date:
08 Apr 2016
20160408-2-EN.pdf (1.6 MB)
Topic:
Wealth Management & MPF - Securities/investment products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
08 Apr 2016
Annex - Key Observations and Practices Noted in Recent Reviews
Annex
Current
08 Apr 2016
Annex - Key Observations and Practices Noted in Recent Reviews
Cross referenced Document
Version History
Superseded Document
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