Hong Kong Structured Products Bill ready for first reading

Hong Kong is hoping new regulations will lead to a revival in business

Every stone has been unturned by Hong Kong’s Securities and Futures Commission (SFC) as it nears the implementation of the largest and the most important piece of legislation in the history of structured products to China’s Special Administration Region.

Almost all of the content of the new law was known, with extended consultation with product providers and distributors ensuring that the introduction of a cooling off period that creators had feared would be a ‘free put’ was watered down

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