Regulatory Alerts2018-08-24
Added · Updated
Online Distribution and Advisory Platforms for Non-SFO-regulated Structured Investment Products
The Hong Kong Monetary Authority issued this circular to establish regulatory expectations for authorized institutions utilizing online platforms to distribute or advise on non-SFO-regulated structured investment products. The document mandates that institutions implement robust governance frameworks, including clear accountability, risk management controls, and adequate disclosure mechanisms to protect clients. It further requires institutions to ensure that their online distribution and advisory activities comply with relevant laws and regulatory standards while maintaining appropriate oversight of third-party platform providers.
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