This circular informs licensed financial advisers, exempt financial advisers, holders of Capital Markets Services licence, exempt Capital Markets Services entities, registered insurance brokers, exempt insurance brokers and licensed direct insurers of: (i) the issuance of FAQs on the misconduct reporting requirements under the Financial Advisers Act, Insurance Act and Securities and Futures Act (effective 1 January 2027); and (ii) the discontinuation of the existing misconduct reporting system with effect from 1 January 2027.

Provides guidance on misconduct reporting requirements of financial institutions.

This circular informs licensed financial advisers, exempt financial advisers, holders of capital markets services licence, exempt capital markets services entities, registered insurance brokers, exempt insurance brokers and licensed direct insurers of the issuance of the response to the Consultation Paper on Revised Notices on Misconduct Reporting Requirements under the Financial Advisers Act, Insurance Act and Securities and Futures Act, and the corresponding Revised Notices.

Requirements for financial institutions to report misconduct of representatives

Requirements for financial advisers to report misconduct of representatives