Structurers call on SFC to keep safe-harbour rules

Structured product issuers, distributors, private bankers and industry associations have called on Hong Kong's Securities and Futures Commission (SFC) to reconsider its proposal to remove the so-called safe harbour rules that they have long relied on to distribute structured products.  While the Hong Kong securities regulator has closed its consultation on transferring regulation of all structured products from the Companies Ordinance prospectus regime to the offers-of-investments regime