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Authorised Funds & Products

The SFC has established measures to protect investors and one of the key measures is authorisation of funds and products. Funds and similar products must be authorised by the SFC before they can be marketed to the public in Hong Kong such that investment funds and products meet the regulatory requirements and provide adequate information in the product offering document for investors to make informed investment decisions.

With over 2,000 retail investment funds authorised by the SFC, Hong Kong is an important asset management and fund distribution centre. Our Asset Management & Funds team has strong experience to assist our clients to obtain SFC’s authorisations by helping to ensure funds are complied with the requirements contemplated in the SFC Handbook for Unit Trusts and Mutual Funds, Investment-Linked Assurance Schemes and Unlisted Structured Investment Products. We assist our clients by providing them with a proper structure, well-defined investment guidelines and restrictions, ongoing disclosure requirements and other requirements related to the fund’s daily administration.

If you would like to know more about our Asset Management & Funds practice or how we can help your business, please contact us at (852) 2810 1212 or at cc@onc.hk.

Please refer to our articles in ‘Knowledge’

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SFC provides licensing guidance for private equity firms and family offices
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SFC’s response to initial coin offerings in Hong Kong
On 19 March 2018, the Securities and Futures Commission (the “SFC”) published a press release in relation to its regulatory action taken against Black Cell Technology Limited (“Black Cell”), an Initial Coin Offerings (“ICO”) issuer. As a result of the action taken, Black Cell has halted its ICO and undertaken not to devise, set up or market any scheme that constitute collective investment scheme (“CIS”) as defined under the Securities and Futures Ordinance (Cap. 571) (the “SFO”) without complying with the relevant statutory requirements. The SFC has again reminded investors for the risk of investing in ICO and digital tokens.
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