Regulatory Alerts2024-02-23
Added · Updated
Portfolio-based Approach to Suitability Assessment
The Hong Kong Securities and Futures Commission issued this circular on 23 February 2024 to introduce a portfolio-based approach to suitability assessment for registered institutions. The guidance requires firms to evaluate the suitability of investment products based on the client's overall portfolio rather than individual transactions. This document serves as the main circular, with Annex 1 providing implementation guidance and Annex 2 addressing frequently asked questions regarding the new framework.
CIR
Current
Issue Date:
23 Feb 2024
20240223-4-EN.pdf (107.9 KB)
Topic:
Wealth Management & MPF - Securities/investment products
Group:
Registered Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
23 Feb 2024
Portfolio-based Approach to Suitability Assessment
Annex
Current
23 Feb 2024
Annex 1 - Guidance on Adoption of Portfolio-based Approach to Suitability Assessment
Annex
Current
23 Feb 2024
Annex 2 - Frequently Asked Questions on Portfolio-based Approach to Suitability Assessment (“PBA”)
CIR
Current
23 Feb 2024
Portfolio-based Approach to Suitability Assessment
Annex
Current
23 Feb 2024
Annex 1 - Guidance on Adoption of Portfolio-based Approach to Suitability Assessment
Annex
Current
23 Feb 2024
Annex 2 - Frequently Asked Questions on Portfolio-based Approach to Suitability Assessment (“PBA”)
Cross referenced Document
Version History
Superseded Document
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