Joint circular to intermediaries Concurrent SFC-HKMA thematic review of the distribution of non-exchange traded investment products

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What the SFC said

The SFC and HKMA will start a concurrent thematic review of intermediaries' distribution of non-exchange traded investment products, focusing on collective investment schemes after CIS sales rose 76% year-on-year. The review examines policies, systems, controls and management oversight, and compliance with the suitability requirement.

Read the official circular on sfc.hk ↗

This page is our summary and commentary, not the circular itself — always read the original before acting.

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