Compliance, Legislative & Regulatory Standards
Asset Management Fundamentals Module 3: Regulation of Asset Management (5-hour intensive class)
Overview
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.
Content
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
Before starting up ECL, Samuel was the Chief Administrative Officer (Asia ex. Japan) of J. P. Morgan Asset Management (JPMAM) overseeing the regional Risk Management, Finance and Tax. He also represented JPMAM as one of the board directors of China International Fund Management Co. Ltd., a Shanghai based joint venture. Samuel started his financial services specialization since his joining of Price Waterhouse Coopers. He retired from Deloitte Hong Kong audit partnership while he was the Investment Management Industry Audit Leader before joining JPMAM. Samuel is a Fellow Certified Public Accountant (Practising) of the Hong Kong Institute of Certified Public Accountants (HKICPA) and a fellow member of the Institute of Chartered Accountants in England and Wales (ICAEW), and he holds a Bachelor of Arts (Honorary) in Accountancy, Hong Kong Polytechnic University.
He was then appointed Corporate Controller of CT Electronics Group to facilitate for the reverse takeover process of the company by a listed company on the Toronto Stock Exchange. After the completion of the said transaction, Felix moved onto managing the project division of a company listed on the Hong Kong Stock Exchange.
Felix then took a break from the corporate scene and started his own education business with partners in Shenzhen, China. The business was subsequently sold to partners and Felix returned to Hong Kong to take up the position of Associate Manager at the HKMA.
Since then Felix has worked at Grandtop International Capital Limited specializing in Internal Control for listed companies. Felix holds a double degree in Law and Business Administration from the University of Hong Kong. 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.