Regulatory Alerts2013-12-03
Added · Updated
Internal Controls - Compliance Function and Insurance and Securities Products in Wealth Management
The Hong Kong Monetary Authority issued this Circular on 3 December 2013 to provide guidance on internal controls and compliance functions for authorized institutions. The document specifically addresses regulatory expectations regarding the management of insurance products and securities or investment products within wealth management and Mandatory Provident Fund operations. It establishes standards for consolidated supervision and ensures that institutions maintain robust compliance frameworks across these cross-border and complex business activities.
CIR
Current
Issue Date:
03 Dec 2013
20131203-1-EN.pdf (81.5 KB)
Topic:
Consolidated Supervision
Internal Controls - Compliance function
Wealth Management & MPF - Insurance products
Wealth Management & MPF - Securities/investment products
Group:
All Authorized Institutions
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Cross referenced Document
Version History
Superseded Document
Directly related Document
Directly related Document
Cross referenced Document
Version History
Superseded Document
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