CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Hong Kong Examines Investment 'Cooling Off' Rules

Hong Kong Examines Investment 'Cooling Off' Rules

by Carla Johnson, Investors Offshore.com

05 November 2008


The Hong Kong Securities and Futures Commission will consider whether investment products sales contracts should contain a cooling-off period during which investors may unconditionally terminate the contracts.

The commission will also study the feasibility, merits and shortcomings of implementing the proposal with regard to different investment products, it was announced on Wednesday.

Secretary for Financial Services and the Treasury K.C. Chan has told lawmakers that the Hong Kong government attaches great importance to investor protection and education initiatives.

The commission has increased its provisions for investor education in the 2008-09 financial year. It is now considering allocating additional resources to this area.


To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »