Circular to licensed corporations Implementation Arrangements for Cross-Boundary Wealth Management Connect Pilot Scheme
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What the SFC said
The SFC introduces enhancements to the Cross-Boundary Wealth Management Connect Pilot Scheme. Participating LCs can obtain Southbound clients' one-off written consent, valid up to one year, to introduce and explain products, and Partner Brokers may set up three-party dialogues. Reciprocal arrangements apply to the Northbound Scheme.
This page is our summary and commentary, not the circular itself — always read the original before acting.
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