Hong Kong’s asset management business has sustained continued growth in the past few years and the Securities and Futures Commission of Hong Kong (“SFC”) has therefore issued a number of rules and regulations to regulate and maintain an effective and progressive regulatory framework for the benefit of both the asset management industry and investing public. In this course, we will cover the latest regulatory updates which are related to SFC asset managers and/or SFC licensed authorised funds.
Recently, the SFC has proposed changes to the Securities and Futures (Financial Resources) Rules (“FRR”). The changes mainly relent to the recent market developments including the form of the over-the-counter derivatives market. In this course we will cover (a) an overview of the recent regulatory developments and hot topics that may impact asset managers; and (b) the proposed changes to the FRR and implications to asset managers.