Regulatory Alerts2020-12-23
Added · Updated
Frequently Asked Questions on Investor Protection Measures
The Hong Kong Monetary Authority issued this document to provide guidance on investor protection measures for investment, insurance, and Mandatory Provident Fund products. It clarifies regulatory expectations for authorized institutions regarding the sale and distribution of these financial products to ensure consumer protection. The circular also notes that previous guidance on foreign exchange accumulators has been superseded by more recent regulations on accumulator sales.
CIR
Current
The HKMA’s circular on “Foreign Exchange Accumulators and Non-leveraged Renminbi-Linked Deposits” dated 7 March 2014 referred in footnote 3 of the Appendix has been superseded by the HKMA’s circular dated 14 March 2025 on “Guidance on Selling of Accumulators”.
Issue Date:
23 Dec 2020
20201223-1-EN.pdf (973.3 KB)
Topic:
Banking Conduct & Enforcement - Consumer Protection
Wealth Management & MPF - Insurance products
Wealth Management & MPF - MPF products
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Superseded Document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
23 Dec 2020
Appendix - Frequently Asked Questions (“FAQs”)
CIR
Current
25 Sep 2019
Investor Protection Measures in respect of Investment, Insurance and Mandatory Provident Fund Products
Annex
Current
23 Dec 2020
Appendix - Frequently Asked Questions (“FAQs”)
CIR
Current
25 Sep 2019
Investor Protection Measures in respect of Investment, Insurance and Mandatory Provident Fund Products
Version History
Superseded Document
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