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All Upcoming Courses > Courses by date >
May 2012
> CPD1201344
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FRR for Intermediaries
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Keith Chau Senior Manager, Assurance, PwC Hong Kong
Charmaine Yip Manager, Assurance, PwC Hong Kong
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| Date: |
11 May 2012, Friday |
| Time: |
2:30 pm to 5:45 pm
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| Level: |
Standard |
| Accreditations: |
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| Fee: |
HK$ 2,200 | HK$ 1,870 - 15% off for registrants with membership status before or on 19 March 2011 | | HK$ 1,980 - 10% off for registrants with membership status after 19 March 2011 |
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| Certificate of Attendance: |
Free |
| Language: |
English |
| Course
Code: |
CPD1201344 |
| Venue: |
Courses & Seminars Limited
22nd Floor,
100 Queen's Road Central,
Hong Kong
MAP |
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| Categories: |
Corporate / Commercial
Regulatory & SFC Compliance
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| | | | * | As a participant in the CFA Institute Approved-Provider Program, C&S has determined that this program qualifies for 3 credit hours inclusive of 3 hours in the content area of Standards, Ethics, and Regulations (SER). If you are a CFA Institute mem¬ber, CE credit for your participation in this program will be automatically recorded in your CE Diary. |
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Individual Discount Package |
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Membership Area |
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| Course Details |
All licenced intermediaries have to maintain at all times minimum paid-up share capital and liquid capital as specified by the Securities and Futures (Financial Resources) Rules (“FRR”), depending on the types of regulated activities (“RA”) that they are licenced for. This course will cover in detail the key provisions in the FRR and implications to intermediaries carrying on different types of RA. |
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Highlights of the course include: |
- Overview of the Securities and Futures (Financial Resources) Rules
- General principles of FRR computation
- Paid up capital and liquid capital requirements for different types of licences corporations
- How do you calculate liquid capital and required liquid capital?
- Computation basis e.g. pairs transactions, no set-off, assignments, margined accounts, proprietary positions and hair percentage
- What to include in and exclude from liquid assets?
- Ranking liabilities
- Notification and filing of return requirements
- Consequences of breaches
- Practical implications for dealers (Type 1), asset managers (Types 4 and/or 9) and corporate finance adviser (Type 6)
- New Guidelines on anti-money laundering and counter-terrorist financing
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