Regulatory Alerts2016-02-15
Added · Updated
SFC Circular on Protecting Client Assets Against Internal Misconduct
The Securities and Futures Commission issued this circular to establish requirements for registered institutions to safeguard client assets against internal misconduct. The document mandates specific internal controls and monitoring measures to prevent unauthorized use or misappropriation of client funds and securities. These regulations aim to enhance operational integrity and protect investor interests within the wealth management and securities sectors.
Topics
safeguarding
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