Regulatory Alerts2025-02-17
Added · Updated
SFC Circular on Listed Structured Funds
The Securities and Futures Commission issued this circular to establish additional authorization requirements for listed structured funds, specifically targeting Leveraged and Inverse Products and Defined Outcome Listed Structured Funds. The document mandates strict product naming conventions, enhanced disclosure of risks and costs in offering documents, and the provision of performance simulators to ensure investor protection. It further requires ongoing market making arrangements and imposes specific conduct and education obligations on intermediaries distributing these complex derivative products.
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