Hong Kong Securities and Futures Commission Issues New Guidance Outlining Practical Licensing Options for Professionals Visiting and Returning to Hong Kong
Hong Kong Securities and Futures Commission (SFC) Issues New Guidance for Professionals
The Hong Kong Securities and Futures Commission (SFC) has released two new easy-to-read guides aimed at helping professionals relocating to or returning to Hong Kong understand the SFC's pragmatic licensing system. These new guides complement the five popular guides published in 2023, providing practical information on licensing options, procedures, and various exam exemptions, along with illustrative case studies to facilitate a smooth and compliant transition for professionals into the Hong Kong financial market.
Dr. Ye Chi-hing, Executive Director of the Intermediaries Division at the SFC, highlighted the growing number of financial professionals coming to Hong Kong. He stated that the SFC's pragmatic licensing system addresses this demand. The initial series of guides, which proved highly popular, has been expanded upon with these two new guides to further assist practitioners and potential applicants in understanding the SFC's expectations and key licensing requirements. This initiative continues to bolster Hong Kong's pool of financial talent.