Compliance, Legislative & Regulatory Standards

Implementing Suitability Controls and Procedures



This course will discuss the implementation of key controls and procedures for assessing product suitability for clients under the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission (the “Code”). It will also touch on issues relating to the implementation of the requirements applicable to complex products under the Code.


This course is designed to promote awareness and enhance understanding of the suitability obligations under the Code.


1. KYC and client risk profiling
2. Product due diligence
3. Suitability assessment process
- Pre-trade checks
- Order taking
- Post trade checks and record-keeping
4. Suitability obligations when providing services in complex products irrespective of whether a solicitation or recommendation is made

Who should attend

Managers-In-Charge, responsible officers, compliance officers and other senior personnel of licensed firms who are involved in designing the suitability assessment framework and procedures

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars / conferences under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for reimbursement of 80% of the course fees, subject to a maximum of HK$7,000 (whichever is lower) upon satisfactory completion of a course / seminar / conference over the three-year period of the Scheme.

Each individual may apply for reimbursement for more than one course / seminar / conference.

Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course / seminar / conference attended. Please refer to the WAM Pilot Programme website for more details.


* Light lunch will be provided

Speaker/Course Instructor

Ms Chow (known as “YY”) is the Founder and Chairperson of CP Solutions Limited (“CPSL”), a compliance consultancy firm. YY has approximately 28 years of Hong Kong and Asia Pacific regulatory compliance experience in a wide range of areas and products. Before establishing her own firm in January 2019, YY worked for a major Mainland-headquartered group of companies in Hong Kong as Head of Compliance and later as an Advisory Director for a total of 8.5 years. Prior to that, she worked for the Securities and Futures Commission of Hong Kong (the “SFC”) and major international financial institutions.

YY is an English Chartered Accountant (qualified with a Big Four in the UK), a Fellow of the Hong Kong Institute of Certified Public Accountants and a Senior Fellow of the HKSI. YY received her BA in Accountancy, Finance and Economics (First Class Honours) from the University of Essex (UK) and her MSc in Economics from the London School of Economics and Political Science. Through part-time study, she gained her LLB from the University of London.

YY is currently a member of the Mandatory Provident Fund Schemes Advisory Committee. She is a former member of the Process Review Panel for the SFC, the SFC’s Academic and Accreditation Advisory Committee and the HKSI’s Examinations Committee and Membership Committee. She had been a board director of the Hong Kong Securities Association for 17 years.


Date & Time
Friday, 17 May 2019 (12:15PM - 1:45PM)
HKSI Institute Training Centre
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 9 - Asset management
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
SFC:1.50, PWMA:1.50