Regulatory Alerts2023-11-29
Added · Updated
Sale and Distribution of Green and Sustainable Investment Products Annex I: Expected Standards and Examples of Good Practices
The Hong Kong Monetary Authority issued this circular to establish expected standards and good practices for the sale and distribution of green and sustainable investment products. It requires registered institutions to implement robust due diligence processes and ensure transparency regarding the environmental and sustainability characteristics of these products. The document provides specific examples of good practices to guide financial institutions in aligning their sales and distribution activities with regulatory expectations.