Regulatory Alerts2017-06-08
Added · Updated
Treat Customers Fairly Charter for Private Wealth Management Industry
The Hong Kong Monetary Authority issued the Treat Customers Fairly Charter for the Private Wealth Management Industry to establish standards for fair customer treatment. The document requires authorized institutions to adhere to specific principles ensuring transparency, suitability, and ethical conduct in private wealth management services. This regulatory guidance aims to enhance consumer protection and promote a culture of integrity within the wealth management sector.
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