New Proposals to Regulate Mis-Selling of Investment Funds & Structured Products in Hong Kong

New Proposals to Regulate Mis-Selling of Investment Funds & Structured Products in Hong Kong
The recent global financial crisis has resulted in an upswing in regulatory action throughout world markets. In Hong Kong, the Securities and Futures Commission (“SFC”) has proposed a slew of new requirements, some of which have already been implemented retroactively and without industry consultation. In this article we examine these ongoing developments in SFC policy and their effectiveness in reaching a fair balance between investor protection and costs to the investor and the financial industry.
- Timothy Loh, Solicitors

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