Risk Tolerance Level Rating reviewed for more relevant investment product suitability
Everbright Sun Hung Kai ("EBSHK") always strives for excellence and maintains the highest professional standards to create a differentiating client experience.
New regulatory requirements relating to suitability introduced by the Securities and Futures Commission (SFC) applicable to the Code of Conduct for Persons Licensed by or registered with the SFC will take effect on 9 June 2017. In light of these new regulatory requirements, we have reviewed and enhanced our internal client risk profiling methodology, product risk categorisation and Risk Tolerance Level (“RTL”) assessment (collectively “New Enhanced Assessment System”).
Under the New Enhanced Assessment System, EBSHK has reviewed our clients’ RTL based on their account opening and investment records maintained with us for a more relevant match between their RTL and future investment choices. Clients whose RTL has been updated accordingly will receive corresponding notification by late May 2017 and their new RTL rating will be effective starting from 5 June 2017. For clients whose RTL is unaffected by the review, they will not receive the notification.
If you do not receive our notification regarding RTL update by late May 2017 and would like to know if there are any changes to your RTL, or you have received the notification and have comment on your new RTL, please feel free to call our Customer Service Hotline on +852 3920 2188.