Unsolicited trade hkma

The Hong Kong Monetary Authority (HKMA) announced today (31 October) the official launch of eTradeConnect, a blockchain-based trade finance platform developed by a consortium of twelve major banks in Hong Kong. apply to an AI that is not a RI, the HKMA expects all AIs that make unsolicited calls in relation to leveraged foreign exchange contracts to observe the specific requirements set out in section 2 of this guideline. made to a person who is authorized to trade on behalf of the corporation.

sectors, such as financial services, and trading and logistics, were again October and 31 October, prompting the HKMA to passively sell Hong Kong The first phase of the Unsolicited Electronic Messages Ordinance, which regulated. Dec 17, 2018 (your “Representative”) must provide us with your business or trade name, we will presume that your submission was voluntary, unsolicited by us, and or other services regulated by the Hong Kong Monetary Authority. Sep 5, 2017 Trade Finance Platform (“HKTFP”) for banks to digitalise and share trade documents the HKMA's sandbox piloted 28 fintech products – seven in biometric by the Unsolicited Electronic Messages Ordinance, which applies. Apr 19, 2018 Unfair trade practices involving coercion and undue influence currently a mandatory cooling-off period of not less than 7 days on unsolicited off-premises the Hong Kong Monetary Authority and the Securities and Futures  What is the trading hour for fund transfer involving foreign exchange or buy / sell foreign Beware of unsolicited emails offering URGENT business proposal in bank regulated by the Hong Kong Monetary Authority, an approved insurance  The SFC and the HKMA work closely together to ensure the openness of the market clients to trade more frequently, regardless of the client's investment needs and in all major asset classes as complex, effectively subjecting all unsolicited. Aug 10, 2018 and the Hong Kong Monetary Authority, created the Global Financial technology providers, trade bodies, accelerators, consumer groups 

Jan 29, 2020 There is no change to the regulatory standards or the HKMA's approach to supervising conduct of Authorized Institutions in respect of the making of unsolicited calls in connection with leveraged foreign exchange trading.

Hong Kong Monetary Authority - HKMA: The central bank of Hong Kong. Established in 1993, the HKMA's main purpose is to control inflation and maintain the stability of the Hong Kong dollar (HKD HKMA and seven banks to jointly launch blockchain-based trade finance platform in September The Hong Kong Monetary Authority is supporting the development of fintech in an effort to close the gap In September 2018, the Hong Kong Monetary Authority and will explore opportunities to connect it with trade platforms in other regions. The HKMA, Unsolicited direct marketing by electronic means is also covered by the Unsolicited Electronic Messages Ordinance, which applies to electronic commercial messages with a “Hong Kong link Hong Kong Monetary Authority - HKMA: The central bank of Hong Kong. Established in 1993, the HKMA's main purpose is to control inflation and maintain the stability of the Hong Kong dollar (HKD The Securities and Futures Commission (SFC) issued a Circular on 13 June 2019 informing SFC-licensed and –registered intermediaries of new Frequently Asked Questions (FAQS) setting out further guidance on the regulatory requirements for sales of complex products. HKMA is frontline regulator of AFIs and takes the leading role in vetting applications for registration with the SFC and in supervising their SFC-regulated activities, including on-site inspection Only introduces a client who wishes to trade with an exchange participant or another licensed dealer; Unsolicited Calls (Cold calls) A: The Guidelines are applicable to all SFC-licensed and registered persons when conducting regulated activities in providing order execution, distribution and advisory 3 services in respect of investment products via online platforms. Thus, the Guidelines will not apply to, for example, websites that showcase products only or websites that provide advice on asset allocation among general

Dec 27, 2018 Q2: Does s174(7)(a) of the SFO allow unsolicited calls to be made to a client who opened a securities account with an intermediary more than 

Apr 29, 2016 Earlier this month the Hong Kong Monetary Authority ("HKMA") under " unsolicited" trade models without considering customers' suitability. Jan 29, 2020 There is no change to the regulatory standards or the HKMA's approach to supervising conduct of Authorized Institutions in respect of the making of unsolicited calls in connection with leveraged foreign exchange trading.

Jan 29, 2020 There is no change to the regulatory standards or the HKMA's approach to supervising conduct of Authorized Institutions in respect of the making of unsolicited calls in connection with leveraged foreign exchange trading.

In September 2018, the Hong Kong Monetary Authority and will explore opportunities to connect it with trade platforms in other regions. The HKMA, Unsolicited direct marketing by electronic means is also covered by the Unsolicited Electronic Messages Ordinance, which applies to electronic commercial messages with a “Hong Kong link Hong Kong Monetary Authority - HKMA: The central bank of Hong Kong. Established in 1993, the HKMA's main purpose is to control inflation and maintain the stability of the Hong Kong dollar (HKD The Securities and Futures Commission (SFC) issued a Circular on 13 June 2019 informing SFC-licensed and –registered intermediaries of new Frequently Asked Questions (FAQS) setting out further guidance on the regulatory requirements for sales of complex products. HKMA is frontline regulator of AFIs and takes the leading role in vetting applications for registration with the SFC and in supervising their SFC-regulated activities, including on-site inspection Only introduces a client who wishes to trade with an exchange participant or another licensed dealer; Unsolicited Calls (Cold calls) A: The Guidelines are applicable to all SFC-licensed and registered persons when conducting regulated activities in providing order execution, distribution and advisory 3 services in respect of investment products via online platforms. Thus, the Guidelines will not apply to, for example, websites that showcase products only or websites that provide advice on asset allocation among general

apply to an AI that is not a RI, the HKMA expects all AIs that make unsolicited calls in relation to leveraged foreign exchange contracts to observe the specific requirements set out in section 2 of this guideline. made to a person who is authorized to trade on behalf of the corporation.

Apr 8, 2016 as stated in the HKMA's circular “Product Risk Rating of High Yield them to sell mismatched products under the “unsolicited” trade model.

The HKMA said AIs needed to improve their selling practices and strengthen controls for handling these types of transactions. Customer Suitability Assessments. The review found that sales staff at AIs treated transactions which involved recommendation as "execution only" or "unsolicited transactions". Hong Kong Monetary Authority (Unsolicited Calls - Exclusion) Rules. Section 174 of the SFO prohibits intermediaries and their representatives from making or offering to make with another person an agreement to sell or purchase any securities or futures contract, The Hong Kong Monetary Authority (HKMA) announced today (31 October) the official launch of eTradeConnect, a blockchain-based trade finance platform developed by a consortium of twelve major banks in Hong Kong. apply to an AI that is not a RI, the HKMA expects all AIs that make unsolicited calls in relation to leveraged foreign exchange contracts to observe the specific requirements set out in section 2 of this guideline. made to a person who is authorized to trade on behalf of the corporation.