Asset Management Fundamentals Module 3: Regulation of Asset Management (5-hour intensive class)

Asset Management Fundamentals Module 3: Regulation of Asset Management (5-hour intensive class)


The Asset Management Fundamentals Programme, which comprises of FOUR modules, is an induction programme designed to equip the financial services practitioners with the required knowledge and skills to enable them to enter into the Asset Management industry.

The Asset Management Fundamentals programme has four modules. Module 3: Regulation of Asset Management provides an overview of specific regulatory requirements related to asset management sector.

To address different learner’s needs, Module 3 has two versions: 5 hour intensive class and 10 hour foundation class.

Upon successful completion of all FOUR modules of the Asset Management Fundamentals, the participant will be awarded the Certificate of Completion of this programme.


1. General Regulatory Framework
2. Back-office Compliance
3. Asset Management Regulations
4. Misconduct
5. Quiz

Who should attend

This 5-hour module is primarily targeted to those who has extensive experience in securities industry but would like to gain a solid understanding of the Asset Management industry sector to enable them to apply for the Regulated activity Type 9 licence under the Securities and Futures Ordinance. Participants who have no or limited experience in securities industry should attend the 10 hour foundation class.

Completion Criteria

Participants are required to attend and complete both classes of this module.  Attendance record will be issued based on the actual attendance record.  For details, please refer to the HKSI Institute's attendance policy and regulations.


Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

In-service practitioners of the financial services industry will be eligible for the Scheme. They will be reimbursed 80% of the course fees, subject to a maximum of HK$7,000 (whichever is the lower) upon satisfactory completion of a course or seminar over the three-year period of the Scheme.

Each individual may apply for reimbursement for more than one course / seminar.

Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course attended.

Please refer to the WAM Pilot Programme website for more details.

Speaker/Course Instructor

CHOI Fan Wai
FONG Cyrus Yat Sing
Cyrus has considerable audit and financial services industry experience in providing services to listed banks, listed securities brokerage firms, asset management companies, investment agencies, private equity funds and other financial institutions in Hong Kong, China and overseas. He has comprehensive knowledge on the regulatory reporting requirements and related compliance matters of Hong Kong Monetary Authority and Securities and Futures Commission of Hong Kong. He has specialized in serving financial services industry clients, especially for clients who have Type 1, 4, 9 licences since joining Big-4 audit practice in 2007 prior to joining Crowe Horwath.
CHIU Raymond
Raymond has served for various types of clients from listed companies to public and private companies for various types of engagements relating to audits, internal control reviews and special due diligence reviews. Currently, he has specialized in serving financial services industry clients including different types of licensed corporations, especially in Type 1, 4, 9 licences. He has 10 years auditing experience in a bank which provides professional banking services to middle and small-sized enterprises as well as communities in Macau.
CHAN Felix
Felix is an internal control and operational risk management consultant for listed companies as well as asset management companies. He specializes in implementing internal control and risk management systems, procedures and policies for companies and regulated entities. Felix has conducted business processes review for fund management groups with offshore funds with substantial assets in private equity funds, real estate funds and venture capital funds. He has also led the internal controls review and operational process development for listed groups with substantial AUM and 60-70+ private equity funds. Prior to joining aiM Group, Felix was an Associate Manager at the HKMA and has ran a business in the PRC specializing in the educational field.


Date & Time
Monday, 15 Jan 2018 (6:30PM - 9:00PM)
Wednesday, 17 Jan 2018 (6:30PM - 9:00PM)
HKSI Institute Training Centre
SFC:5.0, PWMA:5.0