The Securities and Futures Commission (SFC) will soon release a consultation paper aimed at improving the transparency of pooled retirement funds and investment-linked insurance products.
The paper will propose a range of new measures designed also to reflect the potential impact of the introduction of the Mandatory Provident Fund scheme.
According to a Hong Kong Federation of Insurers' monthly newsletter, the SFC will issue a paper soon on capital-guaranteed products.
An SFC official said the move would revamp the Code on Investment-linked Assurance and Pooled Retirement Funds.
The consultation paper would propose that the code be split into two to cover investment-linked products and pooled retirement funds separately in light of the increasing divergence of the two products, he said.
The paper also would propose increasing the transparency of investment-linked products and pooled retirement funds.
