Regulatory Alerts2013-04-22
Added · Updated
Selling of Investment-Linked Assurance Scheme Products
The Hong Kong Monetary Authority issued this circular to regulate the sale of investment-linked assurance scheme products by authorized institutions. The document mandates the use of a specific template for remuneration disclosure statements to ensure transparency regarding fees and commissions. This requirement aims to protect consumers by providing clear information on the costs associated with these insurance products.
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