Circular to intermediaries, Distribution of financial asset funds

 

Guidance on expected HKMA SFC (Securities and Futures Commission) practices in relation to the distribution of virtual asset funds.

This circular reminds intermediaries licensed or registered for (i) Type 1 regulated activity (dealing in securities) or (ii) Type 9 regulated activity (asset management) to the extent that these intermediaries are engaged in distributing virtual asset funds under their management about the existing regulatory requirements and provides guidance on the expected standards and practices in relation to the distribution of virtual asset funds.

Document Details

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Year of Document: 
2018
Date of Document: 
Thursday, November 1, 2018

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