Feedback from recent reviews of the selling of investment products

Annex: Key Observations and Practices Noted in Recent Reviews

Topic:

Wealth Management & MPF - Securities/investment products

Keyword: Suitability assessment Systems/controls Risk appetite/limits Product due diligence Policies/procedures + Disclosure/Transparency Management information system Accumulators/Decumulators Conflict of interest Treat customers fairly Regulatory reporting/disclosures Board of Directors Private wealth management Senior management/72B managers -

Group: All Authorized Institutions