Regulatory Alerts2017-02-23
Added · Updated
Guidance on selling of investment products and handling of client securities
The Hong Kong Monetary Authority issued this circular to provide guidance to all authorized institutions on the selling of investment products and the handling of client securities. Specific paragraphs within the document have been superseded by subsequent HKMA circulars regarding portfolio-based suitability assessments and accumulator sales guidance. The document remains relevant for wealth management and MPF sectors concerning securities and investment products.
CIR
Current
Paragraphs 3.3 and 3.4 of Annex to the circular have been superseded by the HKMA’s circular dated 23 February 2024 on “Portfolio-based Approach to Suitability Assessment”. Paragraph 4.4 of Annex to the circular has been superseded by the HKMA’s circular dated 14 March 2025 on “Guidance on Selling of Accumulators”.
Issue Date:
23 Feb 2017
20170223-1-EN.pdf (801.5 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Superseded Document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
Annex
Current
23 Feb 2017
Annex - Guidance on selling of investment products and handling of client securities
Annex
Current
23 Feb 2017
Annex - Guidance on selling of investment products and handling of client securities
Cross referenced Document
Version History
Superseded Document
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