Overview

This seminar provides an overview of Hong Kong’s regulatory framework for fund managers through the SFC’s Type 9 (Asset Management) license.

Whether you are preparing to launch a licensed business or seeking to strengthen your compliance knowledge, this course covers matters from assessing the required licence type and identifying substantial shareholders, to the appointment of Responsible Officers, including their experience and examination requirements. You will also learn about the roles of Directors and Managers-in-Charge, capital requirements, and special considerations for specific types of fund managers.

In addition, we will highlight common pitfalls to avoid and guide you through the application procedures, equipping you with the insights needed to navigate the regulatory landscape confidently and efficiently.

Content

1. Assessment of required type of licence

• When will you need Type 1 and Type 4?

2. Substantial shareholders identification
3. Responsible Officers

• Relevant experience
• Examination requirements and available exemptions

4. Directors and Managers-in-charge
5. Capital requirements
6. Further consideration for private equity fund managers

• Co-investment opportunities
• Investment Committee

7. Common pitfalls

• Business model
• Controller of company
• Disclosure of regulatory/disciplinary actions
• Financial strength

8. Application procedures and processing time

Who should attend

Directors, Senior Executives, Compliance Officers, Responsible officers and Manager-in-charge of licensed corporations.