2011-05-17

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SFC Circulars on Preparation for Full Implementation of the UT Code and ILAS Code

The Securities and Futures Commission issued circulars to all Authorized Institutions regarding the preparation for the full implementation of the Code on Unit Trusts and Mutual Funds and the Code on Investment-Linked Assurance Schemes. These regulatory codes are scheduled to commence on 25 June 2011, requiring institutions to align their operations with the new standards. The document serves as an official notification to ensure compliance with the upcoming changes in the unit trust and insurance product sectors.

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Hong Kong Monetary Authority

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