Applicability of Enhanced Measures to Sales of Investment Products to Private Banking Customers

Annex: Applicability of the measures set out in the HKMA’s circular “Implementation of recommendations in the HKMA’s Report on Issues Concerning the Distribution of Structured Products Connected to Lehman Brothers” dated 25 March 2009 to private banks

Recommendations 5, 15 and 18 of Annex to this circular have been superseded by the HKMA’s circular dated 25 September 2019 on “Investor Protection Measures in respect of Investment, Insurance and Mandatory Provident Fund Products”.