Compliance, Legislative & Regulatory Standards

[In-person] Mastering Financial Resources Rules (FRR) with Practical Skills

Full

Overview

This course offers a comprehensive overview of Financial Resources Rules (FRR) for SFC licensed corporations, equipping participants with practical knowledge for effective FRR compliance. Key topics covered include share capital, liquid capital requirements, computation basis, notifications, and forms. Engaging mini case studies and capital utilisation exploration enable participants to acquire the necessary skills to navigate FRR effectively within their organisations.

Content

1. Overview of FRR
2. Risks addressed by FRR
3. Share Capital and liquid capital requirements by FRR
4. Computation Basis of FRR
5. Notification and submission requirements
6. Overview of the Forms in FRR returns
7. Mini case study of FRR computations
8. Practical issues on capital utilisation and FRR compliance etc.

Who should attend

Responsible officers, compliance officers, risk managers, legal professionals, investors and individuals working in the financial services industry.

Speaker/Course Instructor

Ming Ho Leo WONG
Leo Wong, a Certified Public Accountant (CPA) and Financial Risk Manager (FRM), brings a wealth of experience to his role as Vice President (COO) of aiM Group. He started his career at PricewaterhouseCoopers Hong Kong, focusing on auditing, risk management, and compliance in the Financial Industry. Prior to joining aiM Group, Leo served as Head of Compliance for an SFC-licensed securities broker and asset management firm. At aiM Group, he oversees different functions in Aim Capital Consortium Limited, an SFC-licensed asset management firm with licenses of Regulated Activities of Type 4 and 9, leveraging his diverse range of buy-side and sell-side experience.
Alex LEUNG
Mr Leung has been working in hedge fund operations throughout his career with over 20 years of experience covering the full spectrum of operations functions including compliance where he is responsible for SFC compliance and filings. He began his career in fund of funds operations working in a family office and Japan listed asset management firm. He then moved on to hedge fund operations working in a few hedge fund firms with different scale. Mr Leung was responsible for filing FRR at three of the assets management firms holding type 4 and 9 licenses during his 10 years of tenure.

Details

Code
TPRCR24003001
Date & Time
Tuesday, 20 Feb 2024 (6:30PM - 9:30PM)
Wednesday, 21 Feb 2024 (6:30PM - 9:30PM)
Venue
HKSI Institute, 17/F, Cambridge House, Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 3 - Leveraged foreign exchange trading
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
More
Tags
Full
Language
Trad. Chi / Cantonese
Hours
SFC:6.00, PWMA:6.00