Page 66 - 期货和衍生品行业监管动态（2023年10月刊）

期货和衍生品行业监管动态

development, the People’s Bank of China, the National Administration of Financial

Regulation, the China Securities Regulatory Commission, the State Administration of

Foreign Exchange, the Hong Kong Monetary Authority, the Securities and Futures

Commission of Hong Kong and the Monetary Authority of Macao have decided to

further enhance the Cross-boundary Wealth Management Connect Pilot Scheme (the

Scheme) in the GBA as follows:

1. Refine the eligibility criteria of investors so as to support more GBA residents

to participate in the Scheme;

2. Expand the scope of participating institutions to include eligible securities

firms, allowing them to distribute investment products and provide relevant

services to Southbound and Northbound individual investors;

3. Expand the scope of Southbound and Northbound eligible products to better

meet the demand of GBA residents for diversified investments;

4. Increase the individual investor quota as appropriate; and

5. Further enhance promotion and sales arrangements so as to steer financial

institutions to offer quality financial services to GBA residents.

The financial regulators in the Mainland, Hong Kong and Macao will revise and

refine the relevant implementation details and operational guidance with a view to

implementing the above measures as soon as practicable. Meanwhile, the Scheme will

be enhanced continuously based on its operations, and the financial market connectivity

in the GBA will be advanced in a prudent and orderly manner to support the

development of the GBA.

https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-

announcements/news/doc?refNo=23PR111

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