Hong Kong’s New Asset Management Regulations

January 08, 2018
| Financial Services Quarterly Report

The Hong Kong SFC published its Conclusions on its one-year consultation in relation to enhancement of asset management regulation and point-of-sale transparency. In order to align with recommendations of IOSCO and the FSB, the Conclusions introduced new requirements and enhanced existing requirements in the Fund Manager Code of Conduct and the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission. These amendments will significantly impact discretionary account managers.

Read "Hong Kong’s New Asset Management Regulations."