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 concerning spread charges and related practices in wealth management. The document outlines key observations and regulatory expectations aimed at enhancing consumer protection and ensuring fair treatment of investors in the sale of investment products. These findings serve to guide registered institutions in aligning their conduct with regulatory standards regarding fee structures and distribution practices.
CIR
Current
Issue Date:
29 Oct 2021
20211029-3-EN.pdf (227.1 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Superseded Document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
CIR
Current
29 Oct 2021
Findings of concurrent SFC-HKMA thematic review of spread charges and other practices
Annex
Current
29 Oct 2021
Annex 2 - Key observations by the Hong Kong Monetary Authority
CIR
Current
29 Oct 2021
Findings of concurrent SFC-HKMA thematic review of spread charges and other practices
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Superseded Document
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