Regulatory Alerts2021-10-29
Added · Updated
Findings of concurrent SFC-HKMA thematic review of spread charges and other practices
The Securities and Futures Commission and the Hong Kong Monetary Authority jointly issued findings from a thematic review of spread charges and related practices in wealth management. The regulators identified key observations regarding the transparency, fairness, and disclosure of charges imposed on investors by financial institutions. These findings aim to enhance investor protection and ensure that regulated entities adhere to proper conduct standards in the sale and distribution of investment products.
CIR
Current
Issue Date:
29 Oct 2021
20211029-2-EN.pdf (205.4 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Miscellaneous - SFC/IA/MPFA
Wealth Management & MPF - Securities/investment products
Group:
Registered Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
Annex
Current
29 Oct 2021
Annex 1 - Key observations by the Securities and Futures Commission
Annex
Current
29 Oct 2021
Annex 2 - Key observations by the Hong Kong Monetary Authority
Annex
Current
29 Oct 2021
Annex 1 - Key observations by the Securities and Futures Commission
Annex
Current
29 Oct 2021
Annex 2 - Key observations by the Hong Kong Monetary Authority
Cross referenced Document
Version History
Superseded Document
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