On 30 October 2018, the Hong Kong Monetary Authority (MA) issued guidance on enhanced investor protection measures on the sale and distribution of debt instruments with loss-absorption features and related products (Circular).
The Circular is directed at registered institutions (RIs) ie banks in Hong Kong who are registered with the Securities and Futures Commission (SFC) to undertake regulated activities – in particular sales and distribution.
Please see full publication below for more information.