Regulatory Alerts2019-08-23
Added · Updated
Update on Requirements for Opening of Accounts Following Amendments to Paragraph 5.1 of the Code of Conduct
The Hong Kong Monetary Authority issued this circular to update requirements for opening accounts following amendments to Paragraph 5.1 of the Code of Conduct. The document addresses regulatory expectations for Registered Institutions regarding banking conduct, enforcement, and wealth management activities. It clarifies the operational standards necessary for maintaining client relationships and managing investment accounts in compliance with current regulatory frameworks.
CIR
Current
Issue Date:
23 Aug 2019
20190823-1-EN.pdf (95.5 KB)
Topic:
Banking Conduct & Enforcement - Account Opening/Maintenance
Wealth Management & MPF - Securities/investment products
Group:
Registered Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
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CIR
Archive
24 Aug 2018
Clarification on Remote Investment Account Opening
Directly related Document
Cross referenced Document
Version History
CIR
Archive
24 Aug 2018
Clarification on Remote Investment Account Opening
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