Regulatory Alerts2011-04-18
Added · Updated
Important Facts Statement for Currency-Linked and Interest Rate-Linked Instruments Issued by Authorized Institutions
The Hong Kong Monetary Authority issued this circular to establish standardized templates for the Important Facts Statement of currency-linked and interest rate-linked instruments issued by authorized institutions. The document mandates the use of specific formats for these ILCL instruments to ensure consistent disclosure of key product features and risks to investors. These standardized templates are provided in Annex 1 and Annex 2 to facilitate regulatory compliance and enhance transparency for retail customers.
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