Regulatory Alerts2021-07-14
Added · Updated
Update on Enhanced Competency Framework on Private Wealth Management (ECF-PWM)
The Hong Kong Monetary Authority issued this circular to update the Enhanced Competency Framework for Private Wealth Management practitioners. The document outlines revised competency requirements and guidelines applicable to all authorized institutions engaged in private wealth management activities. It serves as the current regulatory standard replacing the previous framework established in 2014 to ensure professional competence in the sector.
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