On 24 January 2024, the People’s Bank of China published the revised “Implementation Arrangements for the Cross-boundary WMC Pilot Scheme in the GBA” (“Implementation Rules”) to enhance the Cross-boundary WMC Pilot Scheme in the GBA (“WMC 2.0”). As part of WMC 2.0, eligible licensed corporations (“LCs”) are allowed to offer cross-boundary wealth management services in the GBA, and wider choice investment products are available. In this connection, the Securities and Futures Commission (“SFC”) has also issued a set of guidance and FAQ for LCs which wish to participate in WMC 2.0.
Covered Topics
-Key Features of WMC 2.0
-Business processes and operational controls implementation considerations
-Systems and IT infrastructure related implementation considerations
-Current market landscape
Training Details
Date: 13 March 2024
Time: 12:20pm - 1:20pm
Language: Cantonese
CPD: SFC - 1; PWMA - 1; FDRC - 1
Fees:
All Member: HK$230
Staff of Corporate Member: HK$230
Student Member (UHKSI): HK$110
Non-Member: HK$460
Financial Dispute Resolution Centre (FDRC): HK$368
Registration: https://oes.hksi.org/enrol/activityDetail?activity_id=1013174