Select Page
Client Agreements

Hong Kong Law

December 2015

Best Boutique Firm 2015

Asian Legal Business Awards

This newsletter is for information purposes only.

Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases. Transmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser. Charltons is not responsible for any third party content which can be accessed through the website.

If you do not wish to receive this newsletter please let us know by emailing us at: unsubscribe@charltonslaw.com

Charltons
Dominion Centre,12th Floor
43-59 Queen's Road East, Hong Kong

Tel: + (852) 2905 7888
Fax: + (852) 2854 9596
www.charltonslaw.com

 

Charltons - Hong Kong Law Newsletter - Issue 310 - 30 December 2015

Hong Kong Client Agreements

Suitability Requirement paragraph 5.2 of the Code of Conduct

SFC prohibit Non-reliance provisions

New clause required to be included in all client agreements

Contractual right to claim damages under client agreements

Prohibit inclusion of non-reliance provisions in client agreements

Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission

Misdescription of the services to be provided to clients

Professional investors

Institutional Professional Investors

Solicit the sale of or recommend any financial product
New Clause
Corporate Professional Investors
Consultation Conclusions on the Proposed Amendments to the Professional Investor Regime and Further Consultation on the Client Agreement Requirements
Fair and Reasonable Non Reliance Clause