A shift in focus
Hong Kong’s Securities and Futures Commission chief, Martin Wheatley, has devoted a lot of his staff’s time to revising Hong Kong’s investment products sales practices following large losses by retail investors. But that has not diverted attention from other important areas such as enforcement
Asia Risk: A number of debates and consultation documents have come up related to the selling practices of investment products in Hong Kong. Could you sum up how the consultation period has gone and some of the early conclusions from that process?
Martin Wheatley, chief executive, the Securities and Futures Commission: The consultation period finished at the end of December and we had a lot of responses, but some have come in subsequently. Everyone understands that the process for selling
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