Events listed in [SFC] Securities and Futures Commission
Filing Form for Notice of Scheme Change(s) falling within 10.1B of the Code on ...
ID 26535
The Securities and Futures Commission of Hong Kong, SFC, has published a revised Filing Form for Notice of Scheme Change(s) falling within 10.1B of the Code on Pooled Retirement Funds (PRF Code) and do not require SFC’s prior approval to be used from December 22, 2023 onward. Specifically, the filing of the new form is required, if changes regarding a Pooled Retirement Fund occur ...
Information Checklist for Application for Authorization of UK Funds under the ...
ID 26534
The Securities and Futures Commission of Hong Kong (SFC) has issued a revised version of its Information Checklist for Application for Authorization of UK Funds under the Mutual Recognition of Funds Arrangement and the Revamped Process. The checklist which shall be used beginning on the application date outlined above MUST be submitted to the SFC along with the prescribed documents. The checklist contains or ...
Filing Form for Notice of Scheme Change(s) falling within 8.2B of the SFC Code on ...
ID 26531
The Securities and Futures Commission of Hong Kong, SFC, has published a revised filing form in connection with modifications to the offering document of a Pooled Retirement Fund (PRF). The filing of the form is required, if changes occur in the offering document that are minor in nature and do not change the basic content and format of such (no prior approval is required) ...
Confirmation of fulfilment of authorization conditions (Annex 2 to the Guide on ...
ID 26530
The Securities and Futures Commission of Hong Kong, SFC, has issued a revised form for the confirmation that all conditions for the authorization of a mutual fund or unit trust have been fulfilled, including that – the offering document aligns with the expectations of the SFC; – the offering document for foreign funds aligns with the offering document of the home jurisdiction; – necessary ...
Circular to management companies of SFC-authorised unit trusts and mutual funds ...
ID 26529
On December 22, 2023, the Securities and Futures Commission (SFC) issued a circular to inform that it has updated various documents, including FAQs, checklists, and guidances for SFC-authorized funds after a thorough review and engagement with market participants. The aim was to improve operational efficiency particularly in the authorization process without compromising investor protection. The key changes include the following: **(1) Appointment of investment ...
FAQs – Publicly offered investment products: Revamped Post Authorization ...
ID 26526
On December 22, 2023, the Securities and Futures Commission of Hong Kong (SFC) published revised Frequently Asked Questions on Revamped Post Authorization Process of SFC-authorized Unit Trusts and Mutual Funds. Generally speaking, these cover issues such as the types of applications handled under the „revamped process“, the time limit to submit all relevant documentations to the SFC, or the channels via which documents must ...
FAQs – Publicly offered investment products: Code on Unit Trusts and Mutual ...
ID 26525
The Securities and Futures Commission of Hong Kong (SFC) has published a revised version of its frequently asked questions (FAQs) on the Code on Unit Trusts and Mutual Funds. The FAQs cover nearly all aspects (requirements) set out in the Code, including the following: – basic requirements for fund authorization; – fund’s structure and domicile and obligations relating thereto; – fund managers‘ eligibility requirements; ...
On-Going Compliance Form for Reporting of Pricing Errors
ID 26524
The Securities and Futures Commission of Hong Kong, SFC, has issued a revised form for the reporting of erroneous NAVs to the Commission. Just like the form mentioned in EventID 24455 on the filing of pricing errors, this form requires information on – the investment fund affected by the error (fund name, custodian, fund management company, etc.); – type of error occurred and the ...
Circular on SFC-authorised funds with exposure to virtual assets
ID 26522
This Circular on SFC-authorised funds with exposure to virtual assets (VA-funds) was published by the Securities and Futures Commission of Hong Kong (SFC) on December 22, 2023. **It updates and replaces a similar circular issued in October 2022 in which the Commission informed of its permission to offer „exchange traded funds (ETFs) that obtain exposure to virtual assets (VAs) primarily through futures contracts“ in ...
FAQs – Publicly offered investment products: Guide on Practices and ...
ID 26513
The Securities and Futures Commission (SFC) has published updated guidelines in connections with the application for authorization of unit trusts and mutual funds. The guide is aimed at providing „general guidance to firms in preparing their applications and their compliance with regulatory rules“ when applying for the authorization of a unit trust or mutual fund. It thereby covers issues such as the minimum disclosure ...