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Regulatory Corner: SFC rethinks professional investor classification

Gaven Cheong, partner, investment funds at Simmons & Simmons in Hong Kong, talks about what concerns the industry most, from a regulatory perspective. “The SFC is proposing a key change to the Code of Conduct for licensed intermediaries by replacing the concept of “Professional Investors” with three new categories – “institutional”, “corporate” and “individual”. Individual professional investors will not be…

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