Ethics or Regulations Course - Misconduct, Personal Injuries and how Chinese clients affected by China's Capital & FX Control
Module: How Chinese Clients’ premium and compensation affected by China’s Capital & FX Control

Upon successful subscription, you can complete the course within 60 days, but you must complete it before end of the course period.

We all knows many Mainland Chinese visit Hong Kong to purchase insurance products. However, due to Mainland China's capital and foreign exchange controls, clients from the Mainland have no idea how to carry money from the Mainland to Hong Kong legally and conveniently.

On the other hand, HK insurance agents and brokers inevitably receive questions from clients and friends in relation to the investment opportunities or business models in China.

In view of this, this course is designed to comprehensively explain the details of China's capital and foreign exchange controls applicable to personal clients. Since China's capital and foreign exchange controls cover different scopes, the control measures are originated from different laws, administrative notices, and guidelines.

After attending this course, attendees will be able to understand the overall concept of China's capital and FX controls, how Mainland Chinese legitimately carry funds to HK for insurance products (e.g., whether remitting money from the Mainland to China via exchange shops in HK is legal or not). To further assist attendees to advise their clients in relation to wealth allocation inside and out of China, this course also talk about the investment mechanism in China, and legitimate funds transferal channels between China, HK and overseas.