[Webinar] Latest Enforcement Cases Relating to Suitability Requirement
According to the findings of the SFC-HKMA’s joint survey released on 27 Sep 2022, a total of 390 licensed corporations and registered institutions engaged in the sale of non-exchange traded investment products. During 2021, the aggregate transaction amount is HK$5,015 billion, with the participation of over 770,000 investors. It is vital that intermediaries are conversant with the latest Suitability Requirements.
The course will share the enforcement cases relating to Suitability Requirement identified by the SFC and the lessons learnt.
At the end of seminar, participants should be able to describe the best practices of the SFC’s Suitability Requirement.
1. All licensed and registered persons’ suitability obligations
2. Triggering of Suitability Obligations
3. Suitability Requirement process
4. Latest SFC enforcement cases relating to Suitability Requirement focusing on errors in:
- Conducting client risk profiling
- Products due diligence
- Matching of products
- Documentation and disclosure
- Record keeping
5. Lessons learnt
Who should attend
Target participants are industrial practitioners with basic understanding of the SFC Suitability Requirement.
Ms Lam graduated from the University of Manchester Institute of Science and Technology. She then attained Master in Finance from the City University of Hong Kong and Master in Human Resource Management and Training from the University of Leicester. She is an Associate of the Chartered Institute of Bankers and a Certified Banker. She also gained the CFPCM Examination Certificate and the Professional Certificate for ECF Anti-Money Laundering and Counter-Financing of Terrorism.