MPF Intermediaries Qualifying Exam Practice Questions - MPF Schemes Intermediaries Qualifying Examination Exam

They have statutory force and any breach is automatically a criminal offence. They are non-statutory guidelines, but compliance with them is taken into account when assessing an intermediary's 'fit and proper' status. They are only suggestions and cannot be used in disciplinary proceedings. They are issued by the Legislative Council and have the same force as ordinances.