Overview

A consultation paper regarding the proposed requirements for fund managers to take climate-related risks into consideration in their investment and risk management processes and make appropriate disclosures was released by the Securities and Futures Commission (SFC) on 29 October 2020. The proposed requirements cover four key elements: governance, investment management, risk management and disclosure. Submissions in respect of the consultation paper are due by 15 January 2021.

Objective

By the end of this webinar, participants will be able to:

- understand the proposed requirements, their priorities and the preparatory work required to implement the changes.

Content

1. The proposed SFC’s requirements
2. How fund managers should prepare for the requirements
3. How the professionals may assist the fund managers to comply with the proposed changes

Who should attend

The webinar is primarily targeted at fund managers, asset managers, in-house counsel & compliance, senior management such as Responsible officers, Managers-in-Charge, directors, CIOs, COOs, CEOs and financial institutions and investors who would like to have a better understanding of current issues in climate-related risks requirements.

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person throughout the period of 1 October 2016 to 31 March 2023 upon satisfactory completion.

Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.

The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.

WAM Pilot Programme Special Requirements

If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.