{"id":8173,"date":"2024-08-26T17:47:32","date_gmt":"2024-08-26T09:47:32","guid":{"rendered":"https:\/\/www.pwma.org.hk\/en\/?post_type=member_correspondens&#038;p=8173"},"modified":"2024-08-26T17:58:17","modified_gmt":"2024-08-26T09:58:17","slug":"the-finalized-industry-led-faq-on-the-streamlined-approach-for-compliance-with-suitability-obligations-when-dealing-with-sophisticated-professional-investors","status":"publish","type":"member_correspondens","link":"https:\/\/www.pwma.org.hk\/en\/member_correspondens\/the-finalized-industry-led-faq-on-the-streamlined-approach-for-compliance-with-suitability-obligations-when-dealing-with-sophisticated-professional-investors\/","title":{"rendered":"The Finalized Industry-Led FAQ on the Streamlined Approach for Compliance with Suitability Obligations when Dealing with Sophisticated Professional Investors"},"content":{"rendered":"\n<p>The Hong Kong Monetary Authority (\u201cHKMA\u201d) and the Securities and Futures Commission (\u201cSFC\u201d) issued a joint circular and accompanying guidance on sophisticated professional investors (\u201cSPIs\u201d) in July 2023. PWMA subsequently formed an Industry-Led FAQ on the subject upon members\u2019 suggestions.<\/p>\n\n\n\n<p>The Industry-Led SPI FAQ has now been finalized in consultation with the HKMA and the SFC. The FAQ covers the following areas of the SPI scheme: Knowledge and Experience, Investment Goals, Corporations\u2019 Qualifications for SPI, Review\/Renewal of SPI Status, Streamlining Thresholds and Product Categories.<\/p>\n\n\n\n<p>PWMA hopes this Industry-Led SPI FAQ will be able to offer its members further clarity on the implementation of the SPI scheme.<\/p>\n","protected":false},"featured_media":0,"template":"","acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/member_correspondens\/8173"}],"collection":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/member_correspondens"}],"about":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/types\/member_correspondens"}],"wp:attachment":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/media?parent=8173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}