{ "node": "hk-cm-kg", "door": "https://mcp.hk-cm-kg.ai", "market": "hk", "jurisdiction_namespace": "hk-eco-10060", "chapter": "hk.chapter.v10", "source": "Book of Markets mirror (allooloocmkgapex/book), read at request time", "kind": "book-section", "family": "AIO", "version": "hk.aio.v4", "supersedes": "hk.aio.v3", "book_path": "hk/sections/hk.aio.v4.json", "book_sha256": "sha256:3e364516e53d6aa69f367aed4f5ec3766995b99064941ce896fe000f6b69eb7d", "section": { "section_id": "book:hk:aio", "family": "AIO", "schema": "SM-ECO-10060 canonical text v1.0 (2026-10-30) · chapter schema v0.1 (unratified) · Appendix C", "schema_version": "0.1", "version": "hk.aio.v4", "supersedes": "hk.aio.v3", "market": "hk", "node": "hk-cm-kg", "produced_at": "2026-10-31T20:05:23Z", "observed": { "earliest_read": "2026-10-31T01:48:03Z", "latest_read": "2026-10-31T20:05:17Z" }, "fields": [ { "name": "duty_revision_ref", "value": "not_found", "read_at": "2026-10-31T02:22:07Z", "pages_checked": [ 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"form": "written record or an audio record", "retention": "For non-exchange traded products, such records should be retained for at least 7 years" }, { "evidence": "records documenting the rationale underlying investment recommendations made to the client", "form": "written record or an audio record", "retention": "For exchange traded products, such records should be retained for at least 2 years" }, { "evidence": "verification work and enquiries made about the products, the criteria for selecting the products and in what aspects they are considered suitable for different risk categories of investors, and the approvals obtained from senior management for recommending the products", "product_scope": "Non-exchange traded products" } ], "source_url": "https://www.sfc.hk/en/faqs/intermediaries/supervision/Compliance-with-Suitability-Obligations/Compliance-with-Suitability-Obligations", "quote": "For non-exchange traded products, such records should be retained for at least 7 years.", "source_date": "23 July 2026" } ], "reason": "review PARTIAL: **PARTIAL**\n\nThe excerpt supports the retention periods for records documenting the rationale underlying investment recommendations (7 years for non-exchange traded products, 2 years for exchange trad", "selection_rule": "none — unresolved (BOOK-02 records, does not resolve)" } }, { "name": "exceptions", "value": [ { "exception": "mere posting of an advertisement for an investment product in newspapers, magazines or television programmes", "condition": "In the absence of direct communications with the client", "provision": "paragraph 5.2 of the Code of Conduct", "source_url": "https://apps.sfc.hk/edistributionWeb/api/circular/openFile?lang=EN&refNo=16EC73", "source_date": "23 December 2016", "read_at": "2026-10-31T18:36:50Z" }, { "exception": "wide dissemination of research reports", "condition": "In the absence of direct communications with the client", "provision": "paragraph 5.2 of the Code of Conduct", "source_url": 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"sources", "value": [ { "title": "Frequently Asked Questions on Compliance with Suitability Obligations by Licensed or Registered Persons (FAQs)", "date": "23 Dec 2016 (updated 23 Jul 2026)" }, { "title": "Frequently Asked Questions on Triggering of Suitability Obligations", "date": "23 Dec 2016" }, { "title": "Frequently Asked Questions on streamlined approach for compliance with suitability obligations when dealing with sophisticated professional investors", "date": "28 Jul 2023" } ], "read_at": "2026-10-31T01:48:03Z", "pages_checked": [ "https://www.sfc.hk/en/Rules-and-standards/Suitability-requirement/FAQs", "https://www.sfc.hk/en/faqs/intermediaries/supervision/Compliance-with-Suitability-Obligations/Compliance-with-Suitability-Obligations", "https://apps.sfc.hk/edistributionWeb/api/circular/openFile?lang=EN&refNo=16EC73", "https://www.sfc.hk/en/Rules-and-standards/Suitability-requirement", "https://apps.sfc.hk/edistributionWeb/gateway/EN/circular/suitability/doc?refNo=16EC73", 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