Wealth Management

[Webinar] 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)


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.

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.


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.
Weng Keong Kok is an associate with Baker McKenzie's Hong Kong office and a member of the Firm's Financial Services Practice Group. He supports the Firm's pensions practice with advice on pension products, ongoing maintenance issues, regulatory compliance matters, and regulatory investigations and enquiries. Key clients of the practice include financial institutions, trustees, fund managers, custodians, administrators and employers. He is a member of the Hong Kong Securities and Investment Institute, and the Society of International Economic Law.
Noam Noked is a U.S. tax lawyer in the Hong Kong office of Baker & McKenzie. He holds a doctoral degree in law from Harvard Law School. He is a frequent speaker on U.S. and international tax matters. He advises trustees, financial institutions, high-net-worth families, and other clients on various U.S. and international tax issues, including FATCA and CRS, trusts with U.S beneficiaries, investment in U.S. real estate and other inbound investments, pre-immigration tax planning, and tax compliance matters.
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.


2021年5月13日, 星期四 (6:00下午 - 9:00下午)
第9類 - 提供資產管理
SFC:3.00, MPFA:3.00, PWMA:3.00, LawSociety:2.50, HKTA:3.00

Participants who wish to register into all seven (7) units of Part B stream 2 training sessions, please click here.