Asset and Wealth Management

[Webinar] Latest Developments of the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”) Cross-boundary Wealth Management Connect (“WMC”)

(This webinar will be delivered in Cantonese)


On 24 January 2024, the People’s Bank of China published the revised “Implementation Arrangements for the Cross-boundary WMC Pilot Scheme in the GBA” (“Implementation Rules”) to enhance the Cross-boundary WMC Pilot Scheme in the GBA (“WMC 2.0”). As part of WMC 2.0, eligible licensed corporations (“LCs”) are allowed to offer cross-boundary wealth management services in the GBA, and wider choice investment products are available. In this connection, the Securities and Futures Commission (“SFC”) has also issued a set of guidance and FAQ for LCs which wish to participate in WMC 2.0.


1. Key Features of WMC 2.0
2. Business processes and operational controls implementation considerations
3. Systems and IT infrastructure related implementation considerations
4. Current market landscape

Who should attend

The webinar is primarily targeted at investment advisors, fund managers, in-house counsel & compliance, senior management such as Responsible officers, Managers-in-Charge, directors, CIOs, COOs, CEOs of financial institutions and LCs who would like to have a better understanding of the latest developments and potential of the wealth management scheme.

Financial Incentive Scheme of the WAM Pilot Programme

This course has already been approved as an eligible course of the Financial Incentive Scheme for Professional Training (“the Scheme”) under the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector (“the Pilot Programme”). The Scheme aims to enhance the competency and professionalism of in-service practitioners within the asset and wealth management sector and to assist other practitioners within the financial services industry in acquiring the knowledge and skills required for entering the sector. Eligible applicants will be subsidised 80% of the course fees by the HKSAR Government upon satisfactory completion of the courses approved by Hong Kong Securities and Investment Institute, subject to a ceiling of HK$15,000. Hong Kong Securities and Investment Institute is appointed as the implementation agent of the Pilot Programme. Regarding the details of eligible criteria and application procedures, please refer to the dedicated web-site of the Pilot Programme (

Speaker/Course Instructor

Adams CHAN
Adams is a Partner in the Financial Services Risk and Regulation Practice of PwC Hong Kong with over 26 years of professional experience. Adams has been providing regulatory advisory services to various financial institutions in the Greater Bay Area. He has led various regulatory projects of different nature, including internal control/compliance reviews, regulatory investigations and advisory projects on regulatory requirements.

Adams has provided consulting services to many banking institutions and assisted them in launching the Cross-Boundary WMC business (both southbound and northbound).

Gary NG
Gary is a Partner in the Risk Assurance Practice of PwC Hong Kong with over 24 years of experience. He specialises in the financial services sector including banking, asset and wealth management and insurance industries.

Gary's areas of expertise and experience include business process and application controls, IT systems and operational procedures implementation, e-banking/e-trading/e-payment, virtual bank and fintech, cyber security and data protection, corporate governance, operations and technology outsourcing, regulatory compliance and reporting, testing management, due diligence and process integration, business continuity and resilience management. Gary has provided consulting services to the banks during their implementation of GBA Cross-Boundary WMC business.

He is a regular speaker for technology risk, Fintech and GBA related industry forums, seminars and training events.

Yuri LIU
Yuri is a Senior Manager in the Financial Services Risk and Regulation Practice of PwC Hong Kong. She has 15 years experiences in providing advisory and audit services to licensed corporations and other financial institutions.

She specialised in regulatory advisory services covering corporate governance, internal control design effectiveness and operating effectiveness. She provided rich experience in the launch of new business to support client in building of policies and procedures, review the processes and controls in accordance with regulatory requirements. Yuri has provided consulting services to the banking institutions for the implementation of Cross-Boundary WMC business.


Date & Time
Wednesday, 13 Mar 2024 (12:20PM - 1:20PM)
Virtual Platform
Relevant Subject
Type 4 - Advising on securities
Type 9 - Asset management
Regulatory Compliance
Trad. Chi / Cantonese
SFC:1.00, PWMA:1.00, FDRC:1.00