概要

Asset managers should be wary of red flags for dubious private fund and discretionary account arrangements or transactions. They should focus on substance over form throughout the entire process of operation. This training highlights the expected standard of conduct of asset managers and their senior management when structuring private funds or discretionary accounts and effecting transactions.

宗旨

By the end of this training, participants will be able to know:
1. The key principles of General Code of Conduct (GP1 & GP2) for asset managers
2. The red flags for dubious private fund and discretionary account arrangements or transactions
3. How to balance out the scenario of structuring private funds or discretionary accounts without contradicting investor’s objectives

內容

- The principles under the General Code of Conduct that are applicable to asset managers
- Red flags for dubious private fund and discretionary account arrangements or transactions
- Expected standard of conduct of asset managers
- Proper procedures of asset managers to conduct transactions, namely, initial screening, detailed due diligence, senior management assessment and decision, and documentation
- Case studies

對象

Asset managers and their senior management who are managing private fund and discretionary account arrangements or transactions; compliance staff; auditors and wealth management staff.