Hong Kong SAR - Family Offices in Hong Kong SAR – Professional Investor Status and Licensing Requirements

The Securities and Futures Commission has published a circular and updated FAQs on Corporate Professional Investor Assessment which provide clarity on how intermediaries can assess whether family offices meet the requirements in Paragraph 15.3A of the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission. In addition, the SFC also published a new set of FAQs to provide additional guidance on the implications of the licensing regime under the Securities and Futures Ordinance for family offices.

In this alert we look at the below developments: 

  • Family Office as a Corporate Professional Investor
  • Family Office and Licensing Obligations