Global Outlook 2024 Report

Newsletter

Like this article?

Sign up to our free newsletter

Hong Kong to speed up approvals for hedge funds

Related Topics

The Securities and Futures Commission (SFC) plans to make it easier for hedge fund start-ups to set up in Hong Kong.


According to executive Director Alexa Lam, proposed changes include strea

The Securities and Futures Commission (SFC) plans to make it easier for hedge fund start-ups to set up in Hong Kong.


According to executive Director Alexa Lam, proposed changes include streamlining and speeding up application procedures and addressing concerns about the difficulty of the entry test administered by the Hong Kong Securities Institute and the short deadline for passing the exam.


Lam said the SFC will consider extending the deadline and could scrap the requirement entirely on a case-by-case basis.


Also being considered is a relaxation of work-experience conditions for "responsible officers" of authorised funds.


 

Like this article? Sign up to our free newsletter

Most Popular

Further Reading

Featured