Other Value-adding Services
Setting up Investment Suitability Framework
Objectives ：To comply with the SFC’s requirements on investment suitability obligations as required under the SFC Code of Conduct and other SFC circulars
Setting up Investment Suitability Policy and Procedures to comply with the SFC’s requirements such as Professional Investor, Investor Characterisation, Disclosure of monetary/non-monetary benefits, explanation of product features and risks, investment rationale records, etc.
Preparation of documents for clients such as investment product factsheets, risk disclosure statements, standard investment rationale record, client declaration forms by clients, etc.
Complying with the SFC’s requirements on Product Due Diligence including
1) Client Investment Risk Profiling methodology and documentation of analysis
and rationales; and
2) Product Risk Ranking methodology and documentation of analysis and rationales.
Setting up new business lines
Objectives ： 1) To ascertain compliance with regulatory requirements and effective internal controls of new business lines
2) To implement key compliance controls and procedures on specific business activities
Advising on compliance and internal control matters relating to setup of new business lines such as private/corporate banking division, dealing function, investment products division, etc.
Special projects to comply with regulatory requirements. e.g. investment suitability framework including client investment risk profiling methodology and wealth management product risk assessments, product due diligence methodology, first-line-of-defense testing and methodology, etc.
Review client agreements, account opening documents, client declaration forms, and more
Objectives ：To ascertain compliance with regulatory requirements such as SFO, SFC Code of Conduct, AML/CFT, Personal Data (Privacy) Ordinance, etc.
With close cooperation with our qualified legal partnering firms, we review/prepare client documentation from both legal and regulatory perspectives as well as considering market practice