Regulatory Alerts2012-06-12
Added · Updated
Selling of Investment Products to Private Banking Customers
The Hong Kong Monetary Authority issued this circular to establish enhanced measures for the sales of investment products to private banking customers. The document has been partially superseded by subsequent guidance on portfolio-based suitability assessments and accumulator sales. It remains a key regulatory reference for authorized institutions managing wealth management and securities investment products.
CIR
Current
The section of ““Portfolio-based” assessment of suitability when providing private banking services to PB customers” in the circular has been superseded by the HKMA’s circular dated 23 February 2024 on “Portfolio-based Approach to Suitability Assessment”. The section of "Selling of accumulators" in the circular has been superseded by the HKMA's circular dated 14 March 2025 on "Guidance on Selling of Accumulators".
Issue Date:
12 Jun 2012
20120612-1-EN.pdf (2.3 MB)
Topic:
Wealth Management & MPF - Securities/investment products
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
20 Jan 2012
Applicability of Enhanced Measures to Sales of Investment Products to Private Banking Customers
CIR
Archive
22 Dec 2010
Selling of Accumulators
Directly related Document
CIR
Current
20 Jan 2012
Applicability of Enhanced Measures to Sales of Investment Products to Private Banking Customers
CIR
Archive
22 Dec 2010
Selling of Accumulators
Version History
Superseded Document
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