Wealth Management

Trust Training Certificate (TTC) - Unit 21: Hong Kong Mandatory Retirement Schemes Trusts - MPF


This is Unit 21 of the training programme in pursuing the “Trust Training Certificate”.

It consists of one module – Module 30: Trusts as Compulsory Retirement Schemes - MPF.

For the topics to cover, please refer to the content section below.


- HK MPF retirement schemes:
(a) MPF regulations
(b) Basic provisions of MPF retirement schemes in HK (including contributions, participation and exemptions from participation, constituent funds, APIF and DIS)
(c) Different types of MPF schemes
(d) Licensing and compliance requirements of MPF schemes and Trustees and summary overview of licensing and requirements for custodians, sponsors, intermediaries, investment products
(e) Administration requirements and reporting to MPFA & others e.g. scheme members by trustees
(f) General reporting requirements under AML, FATCA, CRS
(g)Tax with regard to HK MPF schemes
- International mandatory pension plans comparison (Singapore & Australia)

Who should attend

The course is primarily targeted to those who would like to pursue “Trust Training Certificate” in order to apply for the Hong Kong Trustees’ Association Certified Trust Practitioner? designation.

It is also relevant to those who would like to gain a solid understanding of the course subject matter.

Speaker/Course Instructor

Sophia MAN
Sophia is a partner in Baker McKenzie's Financial Services Group. She has over 17 years’ experience in advising trustees, fund managers, custodians, administrators and employers on fund formation, restructuring, investment and regulatory matters. Sophia is a member of the Retirement Schemes Committee of the Hong Kong Law Society. She advises leading pension service providers on establishment, on-going maintenance, compliance and regulatory (including investigations and enquiries), M&A and restructuring issues relating to pension schemes.
Kennan Castel-Fodor is a registered foreign lawyer in Baker McKenzie's Hong Kong. He provides advice to MPF schemes and their service providers on all aspects of the scheme business, including on-going maintenance, restructuring, compliance and regulatory issues. He has experience in US regulatory issues related to fund structure/formation, marketing, and registration requirements for non-US clients. Kennan also has experience advising US registered funds and their boards, investment advisers, and related financial services firms. He is actively engaged in the Firm's global commodities and derivatives practice.
Peter LEE
Mr. Peter Lee, holder of LLB, has over 15 years of experience in financial services compliance/regulation capacity and is currently Manager (Supervision) of the Mandatory Provident Fund Schemes Authority (MPFA). Prior to joining the MPFA, he was a manager of Investment Products Division of the Securities and Futures Commission. Mr. Lee had also acquired the CFA, CFP and FLMI designations.


Date & Time
Thursday, 6 Jun 2019 (6:00PM - 9:00PM)
HKSI Institute Training Centre
Relevant Subject
Type 9 - Asset management
Regulatory Compliance
SFC:3.00, MPFA:3.00, PWMA:3.00