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New robo advisory guidelines will result in “greater choice” for investors, says SFC

Proposed guidelines on online distribution and advisory platforms in Hong Kong – which cover robo advice for the first time – will result in more “distribution channels” and will therefore give investors “greater choice and flexibility”, says Benedicte Nolens, the Securities and Futures Commission’s (SFC’s) head of risk and strategy. Last month, the SFC published a paper detailing scenarios that…

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