Regulatory Alerts2018-02-08
Added · Updated
Key Observations and Good Practices on Distribution of Fixed Income and Structured Products
The Hong Kong Monetary Authority and Securities and Futures Commission issued this document to address regulatory deficiencies in the distribution of fixed income and structured products by Authorized Institutions. The report mandates robust product due diligence, comprehensive disclosure of key risks, and rigorous suitability assessments that account for customer investment horizons and concentration risks. It further requires institutions to ensure staff possess adequate knowledge through proper training and to maintain detailed records demonstrating compliance with all regulatory standards.
More like this from HKMA
HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
Topics
Share