Circular to Intermediaries - FAQs on implementation of additional protective measures for complex products

22 Mar 2019



In light of queries from the industry regarding the classification of funds into complex and non-complex products for both online and offline transactions, the SFC has provided further guidance by way of Frequently Asked Questions (FAQs) on the Guidelines on Online Distribution and Advisory Platforms (Guidelines).  Intermediaries should also refer to these FAQs when implementing paragraph 5.5 of the Code of Conduct1 for offline transactions.    

A copy of the newly added FAQs is attached to this circular for your information. The full set of FAQs on the Guidelines is also available on the SFC website at www.sfc.hk under the section “Regulatory functions – Intermediaries – Supervision – FAQs – Guidelines on Online Distribution and Advisory Platforms”. 

The FAQs will be updated from time to time.  You are advised to check our website for the latest information.

Should you have any queries regarding the contents of this circular, please contact Ms Kammy Kwok at 2231 1455 or the case officer in charge.

Intermediaries Supervision Department
Intermediaries Division
Securities and Futures Commission

Enclosure

End

SFO/IS/010/2019


1 Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission (Code of Conduct).


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Supplementary document:
Appendix


Page last updated : 22 Mar 2019