Oversight - E-dissemination of fund documents

On 29 September 2020, the Hong Kong Securities and Futures Commission (SFC) issued a circular on the electronic dissemination of investment product documents (Circular) which provides guidance to issuers and intermediaries on the post-sale dissemination of product documents in electronic form (e-dissemination). At the same time, the SFC updated the Frequently Asked Questions on Post Authorization Compliance Issues of SFC-authorized Unit Trusts and Mutual Funds (FAQs) to include a new section regarding e-dissemination of fund documents.

This Oversight sets out an overview of the scope of application of the Circular and the general principles applicable to e-dissemination, and the additional practical guidance given by the SFC in the form of the newly added FAQs.