Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission
(Q2 to Q5 were moved to the FAQs on paragraphs 5.1A and 5.3 of the Code of Conduct)
Q1 :
Is it permissible for intermediaries to use gifts to promote a product category, e.g. unit trusts across all funds categories by various fund houses?
A:
The underlying purpose of this requirement is to avoid the use of gifts to distract investors from the features and risks of a particular product. In this regard, if gifts are offered in such a way that they are linked to a particular type of investment product such as certain types of funds or funds offered by certain fund houses, then such gifts will be bound by this requirement as investors may be distracted from the unique features and risks of such particular funds.
Section reference: 3.11
Q2 :
Moved to the FAQs on paragraphs 5.1A and 5.3 of the Code of Conduct.
A:
Q3 :
Moved to the FAQs on paragraphs 5.1A and 5.3 of the Code of Conduct.
A:
Q4 :
Moved to the FAQs on paragraphs 5.1A and 5.3 of the Code of Conduct.
A:
Q5 :
Moved to the FAQs on paragraphs 5.1A and 5.3 of the Code of Conduct.
A:
Last update: 30 Sep 2010
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