Clifford Chance
SFC Consultation Conclusions on the Proposed Amendments to the Professional Investor Regime and Further Consultation on the Client Agreement Requirements
30 September 2014
The SFC published the Consultation Conclusions on the Proposed Amendments to the Professional Investor Regime and Further Consultation on the Client Agreement. The Consultation Conclusions will introduce changes to the professional investor regime which are scheduled to take effect on 25 March 2016.
In the interest of enhancing investor protection, the SFC proposes to require intermediaries to insert a "new clause" into client agreements. The SFC invites the public to submit comments on the proposed new clause by 24 December 2014.
