Structured Products Asia 2011: ‘Copy and paste’ KFS not good enough, says SFC’s Law

The Hong Kong Securities and Futures Commission

The Hong Kong securities regulator will begin to examine the key facts statements (KFSs) that accompany existing retail investment products from this month, and those that fall short of the required standard will have to be revised, according to Alice Law, director of policy on investment products at the Securities and Futures Commission (SFC).

Speaking at the Structured Products Asia conference in Hong Kong today, Law said KFSs should provide a clear representation of the risks posed by a produ