Compliance, Legislative & Regulatory Standards

Overview of Legal and Regulatory Framework for Securities and Futures Industry (5 hour Intensive Class)


This is an intensive course which provides a high level overview of the Hong Kong legal and regulatory framework for Securities and Futures Industry including the objectives, functions and roles of key participants and regulators.


This course helps participants
- understand the background of making the Securities and Futures Ordinance (SFO), which has been effective since 1 April 2003;
- identify financial products, services and financial regulators;
- define the objectives, functions and roles of the various regulators and how they link together;
- explain the objectives, functions, role, structure and operations of the Securities and Futures Commission (SFC);
- understand the Hong Kong legal system and the Companies Ordinance.

1. Introduction & Course Overview
2. Securities industry in HK
3. Sources of regulation
4. Regulatory Overview of the HK Financial Markets
5. Profile of Participants in the Securities & Futures Industry
6. Hong Kong Corporate Laws and the Companies Ordinance
7. Corporate Governance
8. Anti-Money Laundering / Counter Terrorists Financing
9. SFC Code of Conduct
10. The Securities and Futures Ordinance (SFO):
- Disclosure of Interests
- Licensing
- FRR, Client Assets, Record & Audit
- Investor Compensation Company & Insurance
- Short Selling, and Unsolicited Calls
- Market Misconduct
11. Latest regulatory development
12. Useful Websites
13. Recap of key learning & conclusion

Who should attend

This course is mainly targeted to industry practitioners or professionals who would like to gain a general knowledge of the legal and regulatory framework for securities and futures industry in Hong Kong.

For those who plan to obtain the Certificate of Completion of Asset Management Fundamentals Programme or Back Office Fundamentals for Wealth and Asset Management Programme, you are required to attend Module 1 of the respective programme (15 hour version).

Financial Incentive Scheme of the WAM Pilot Programme

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

Eligible in-service practitioners of the financial services industry could apply for reimbursement of 80% of the course fees, subject to a maximum of HK$7,000 (whichever is lower) upon satisfactory completion of a course / seminar / conference over the three-year period of the Scheme.

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

Application to reimburse the course fees, together with the required documents, must be submitted within four months from the last day of the course / seminar / conference attended. Please refer to the WAM Pilot Programme website for more details.

Speaker/Course Instructor

Eugene LEE
Mr Lee was the Head of Legal & Compliance of a financial institution and has held various senior positions in the legal and compliance department in financial services and securities firms. Mr Lee obtained his BCom/LLB from University of New South Wales and MBA from University of South Australia. He is a fellow of Institute of Chartered Accountants Australia and New Zealand, member of the Hong Kong Institute of Certified Public Accountants, fellow of the Financial Services Institute of Australasia and senior fellow of the Hong Kong Securities and Investment Institute.


Date & Time
Monday, 8 Jun 2020 (6:30PM - 9:00PM)
Wednesday, 10 Jun 2020 (6:30PM - 9:00PM)
HKSI Institute Training Centre
SFC:5.00, PWMA:5.00, IA:5.00