Regulatory Alerts2024-02-23
Added · Updated
Portfolio-based Approach to Suitability Assessment
The Hong Kong Monetary Authority issued this circular to supersede four previous guidance documents regarding suitability obligations and the selling of investment products. The replaced circulars covered topics such as private banking sales, SFC-related suitability requirements, client securities handling, and investment horizon assessments. This update consolidates prior regulatory expectations into the current Portfolio-based Approach to Suitability Assessment framework.
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