[Webinar] Preparation for an SFC Inspection from a RO Perspective

[Webinar] Preparation for an SFC Inspection from a RO Perspective

Overview

On-site reviews such as Routine Inspections conducted by the Securities and Futures Commission (SFC) are a major tool for its supervisory actions. Receiving a phone call from the regulator regarding an upcoming visit in the near future can be quite daunting. However, with a better understanding of the inspection and careful preparation, the whole process can be quite “routine”.

Objective

By the end of this webinar, participants will be able to know the preparation for and the process of the inspection from a management perspective. They will also learn lessons and tips for enhancing the readiness for inspection visits.

Content

1. Background of the SFC inspection
- Reasons and triggering factors
- Managing communication with the regulator
2. Setting the stage
- The phone call
- Preliminary information and documents request
- Preliminary questionnaire
3. Preparation for the Opening Meeting
- Business presentation
- Compliance and risk management
- AML/CTF
4. The inspection engagement
- Interviews
- Documents requests
- Closing meeting and recommendations
5. Mock audit/compliance health checks

Who should attend

This course is mainly targeted at senior management and compliance staff of SFC licensed entities.

Speaker/Course Instructor

Alex CHAN
Alex Chan has been a Compliance Director for various SFC regulated licensees such as private equity, hedge fund and independent wealth manager. Alex has hands-on experience in all aspects of regulatory compliance from a senior executive perspective. He has had a 20+ year banking and investment career and has held senior positions in JP Morgan, BNP Paribas and Credit Suisse.

Details

Code
TPRCR21013302
Date & Time
Tuesday, 11 May 2021 (6:30PM - 9:30PM)
Venue
Virtual Platform
Language
English
Level
Intermediate
Hours
SFC:3.00, PWMA:3.00
Fees
All Member: HK$810
Staff of Corporate Member: HK$810
Non-Member: HK$1620