Regulatory Alerts2022-07-08
Added · Updated
Guidance to Authorized Institutions on Selling of Protection Linked Plan
The Securities and Futures Commission issued this circular to provide guidance to Authorized Institutions on the selling of Protection Linked Plans. The document outlines regulatory expectations and operational standards for the distribution of these specific insurance-linked investment products. It aims to ensure that institutions adhere to proper conduct and disclosure requirements when marketing such plans to clients.
CIR
Current
Issue Date:
08 Jul 2022
20220708-4-EN.pdf (223.0 KB)
Topic:
Miscellaneous - SFC/IA/MPFA
Wealth Management & MPF - Insurance 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Superseded Document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
08 Jul 2022
Annex - Guidance to Authorized Institutions ("AIs") on Selling of Protection Linked Plan ("PLP")
Annex
Current
08 Jul 2022
Annex - Guidance to Authorized Institutions ("AIs") on Selling of Protection Linked Plan ("PLP")
Cross referenced Document
Version History
Superseded Document
You may also be interested in
CIR
Current
30 Sep 2020
Findings of Mystery Shopping Programme (“MSP”) on Selling Practices of Authorized Institutions (“AIs”) in respect of Investment and Insurance Products
Annex: Report on the Findings of the Mystery Shopping Programme on Selling Practices of Authorized Institutions in respect of Investment and Insurance Products
CIR
Current
24 Sep 2021
Distribution of Investment and Insurance Products through Non-face-to-face Channels
Annex: Guidance on non-F2F distribution of investment and insurance products
CIR
Current
24 Sep 2021
Distribution of Investment and Insurance Products through Non-face-to-face Channels