[Webinar] SFC Manager-in-charge Regime Roundtable


Since the Manager-in-Charge (MIC) regime implemented in 2017, MICs have been under the spotlight in Securities and Futures Commission (SFC) supervision, investigations, and enforcement actions. Recent enforcement actions against senior management, including MICs, demonstrate the SFC's commitment to holding individuals accountable for the wrongdoings of their Licenced Corporations.

It is therefore crucial for MICs to learn from these enforcement actions and refreshed themselves on the SFC's expectations and their responsibilities in daily operations and when dealing with the SFC's supervisory actions.


The seminar aims to:
• Refresh participants’ understanding of the MIC regime, including the regime’s key objectives as well as the roles and responsibilities of MICs in daily operations and when dealing with ad-hoc SFC inspections;
• Highlight the root causes and potential risks from recent enforcement actions against senior management, including MICs;
• Highlight key SFC circulars that supplement MIC roles and responsibilities in specific areas; and
• Foster knowledge sharing among participants in relation to the MIC regime, including key challenges faced.


The key topics to be covered:
• Recent enforcement actions taken by the SFC;
• The regime’s implications for MICs and “what could go wrong” for MICs in fulfilling their role and responsibilities;
• Overview of the MIC regime, including key objectives of the regime and requirements of core functions and what constitutes a fully mature implementation of the regime;
• The regulatory expectations for MICs in discharging their duties and in dealing with SFC supervisory actions;
• MICs’ roles and responsibilities in relation to specific areas such as operation of bank accounts, operational resilience, electronic data storage providers, operational disruptions and financial distress; and
• Roundtable discussion on key challenges faced by MICs and senior management.


• Senior management (including MICs) of licensed corporations and license applicants, and compliance officers.


Eugene Kieren Thomas GOYNE
Eugène is EY’s APAC Financial Services Regulatory Leader. He advises global financial institutions, industry associations, regulators and governments on financial regulatory compliance and policy. He has over 30 years in government and senior regulator roles, and joined EY from the SFC.
Rui is Senior Manager, Financial Services Risk Management at EY. Over the course of his career, Rui has developed deep knowledge of risk and regulation across financial services and has extensive experience delivering regulatory advisory and internal control review projects for global financial institutions in both London and Hong Kong.


2023年5月5日, 星期五 (12:00下午 - 2:00下午)
第1類 - 證券交易
第2類 - 期貨合約交易
第3類 - 槓桿式外匯交易
第4類 - 就證券提供意見
第5類 - 就期貨合約提供意見
SFC:2.00, PWMA:2.00