A new set of rules introduced by Hong Kong’s Securities and Futures Commission (SFC) on complex products will take effect this weekend. The new guidelines come into effect after a three-month extension from the initial implementation date.
Intermediaries in Hong Kong are required to ensure that a transaction of a complex product is suitable for a retail client under the new rules, which are aimed at providing additional protection for the end-clients. Under the new guidelines, structured products are included in the complex product category. “These suitability requirements will apply to both online and offline sales, which will create a level-playing field for both online and offline distributors,” said Grace Chong (
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