Hong Kong regulators to review intermediaries’ spread charge policies in 2H20

In the second half of this year, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) will be conducting a concurrent thematic review of spread charges and fee disclosure policies used by intermediaries, where there may be a conflict of interest between intermediaries and clients. The lack of fee disclosure compliance and instances of spread overcharge…

Have a confidential tip? Get in touch [email protected]