The Securities and Futures Commission (SFC) has issued a circular demanding that intermediaries maintain a “centralised record” while ensuring proper authentication when it comes to receiving client orders through instant messaging (IM) tools. Published last Friday, the SFC said intermediaries should implement appropriate measures in areas including centralised record keeping, the authenticity of clients’ identities when taking investment orders, compliance…
SFC tightens guidelines around use of instant messengers for investment orders
7 May 2018

Share article
Share article
Related News

How one Hong Kong investment manager is navigating China’s property crisis
15 August 2022

Exclusive
“Not a robo-advisor”: former HSBC GPB investment specialist on her dynamic asset allocation platform
2 August 2022

Pandemic hones focus of family offices on alternatives: US$600B investment manager
6 July 2022

Deutsche Bank WM Southeast Asia investment team head departs
6 June 2022

SCB Julius Baer names head of investment advisory
31 May 2022

Hong Kong regulators prep schemes to boost data transparency
10 May 2022