Regulatory Requirements for Selling Financial Products Review and Updates Module 2: Sales Compliance Review and Updates II (Virtual class through Zoom)

Course Outline

1. Code of conduct

2. Risk-based approach (HKMA, Guideline on AML & CTF)

3. Account opening procedure (SFC)

4. Know Your Client process and customer risk profiling (SFC, Code of Conduct)

5. Suitability assessment and selling practices (SFC, FAQs on Compliance with Suitability

Obligations by Licensed or Registered Persons)

6. Frequently Asked Questions on Investor Protection Measures in respect of Sale of Investment

Products

7. Sale and Distribution of Debt Instruments with Loss-absorption Features and Related Products

Enrollment

• Enrolments of virtual CPD programmes can only be made online through VTC’s Continuing & Professional Education website (https://cpe.vtc.edu.hk/en).  Applicants may pay the programme fee by Credit Card (Visa / Master) in the online enrolment system. Only enrolment with completed information and payment will be processed.
• Applicants should upload* the Hong Kong Identity (HKID) Card / Passport / Travel Document, or valid visa / entry permit for study issued by the Immigration Department of the Hong Kong Special Administrative Region (HKSAR) for enrollment. Please show your full name both in English and Chinese and your photo only. Other personal information  must be covered.   

* File size shall be less than 4 MB. File format shall be in jpg, jpeg, pdf or png.

• All places are allocated on a first-come-first-served basis.

Notification of Class Commencement

Successful applicants will be notified of the class confirmation and relevant information by email at least 7 working days^## before class commencement.  Students will receive an email from PEAK with virtual class link and student login ID 3 working days^## before class commencement. Please contact us at 2836 1906 if you do not receive the notification 3 working days^## before the class commencement.

## Working days (exclusive of Saturdays, Sundays and Public Holidays)

For virtual CPD programmes, applicants MUST prepare camera or web cam with stable network connection.

During the class, student must keep the camera on, and stay in front of the camera, otherwise the CPD / CPT hours will be deducted.

Teaching Language

All classes are conducted in Cantonese, supplemented with English terminology. (Except courses are specified conducted in English)

Continuing Professional Development (CPD)/Continuous Professional Training (CPT) hours

IA CPD Hours:                                 3(Ethics or Regulations)

MPFA Non-core CPD Hours:          3

SFC CPT Hours:                              3

HKMA ECF CPD Hours                   3