Regulatory Forum on 14 December 2017





The PWMA Regulatory Committee hosted a forum in December with Clifford Chance to discuss the Securities and Futures Commission (“SFC”) consultation conclusions on proposal to enhance asset management regulation and point-of-sale transparency and further consultation on proposed disclosure requirements applicable to discretionary accounts announced in November 2017.


The forum provided a valuable opportunity for members to discuss their comments regarding the further consultation as well as to better understand the amendments adopted in the conclusion consultation. Around 70 representatives from member firms attended the forum.