Compliance, Legislative & Regulatory Standards
[In-person] Mastering Financial Resources Rules (FRR) with Practical Skills
Overview
This course introduces the key rationale, elements and regulations in the Financial Resources Rules (FRR) under the Securities and Futures Ordinance (SFO). Emphasis will be placed on the computation and definition of major items in the FRR .
Content
1. Overview of FRR
2. Risks addressed by FRR
3. Share Capital and liquid capital requirements by FRR
4. Computation Basis of FRR
5. Notification and submission requirements
6. Overview of the Forms in FRR returns
7. Mini case study of FRR computations
8. Practical issues on capital utilisation and FRR compliance etc.
Who should attend
This course is targeted to those who are required to prepare or review the FRR returns for financial intermediaries conducting business of dealing in securities and futures contacts asset management and advising on corporate finance.
Speaker/Course Instructor
His leadership and execution of two IPO projects for Mainland Chinese banks listed on the HKEx have been successful. Based on his experience in auditing, he is well versed in the regulatory reporting and compliance requirements of the Hong Kong Monetary Authority and the SFC.
Also, Cyrus currently serves as a member of the Banking Regulatory Advisory Panel at the HKICPA.