Hong Kong Securities and Futures Commission Issues New Guidance Highlighting Practical Licensing Options for Professionals Visiting and Returning to Hong Kong
The Securities and Futures Commission (SFC) of Hong Kong has published two new easy-to-understand reference guides on its website, aimed at helping professionals visiting or returning to Hong Kong understand the SFC's pragmatic licensing regime. These two new guides complement the five well-received easy-to-understand reference guides published in 2023, providing practical information on licensing options, licensing procedures, and various exam exemption conditions. They also feature detailed case studies to help these professionals navigate the transition to the Hong Kong financial market smoothly and in compliance with regulations.
Dr. Ye Chi-hing, Executive Director of the Intermediaries Division of the SFC, stated that there has been an increasing trend of financial professionals coming to Hong Kong, and the SFC is providing a pragmatic licensing regime to meet this demand. The first series of guides published earlier has been well-received, and these two new guides were developed to further assist practitioners and potential applicants in understanding the SFC's expectations and key aspects of its licensing requirements, contributing to the continuous enrichment of Hong Kong's financial talent pool.