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    Financial advsiors

    Charltons provides high impact advice to investment advisory firms, corporate finance advisors, investment research firms, financial planners and other financial advisors on all areas of their operations and through the full life cycle of their businesses.

    We help financial advisors to set up and structure their businesses in Hong Kong and assist in the preparation of shareholder and employment agreements.

    We advise on SFC licensing requirements, approval criteria and application procedures. We can advise on whether (and what type of) SFC licence is required in a particular case, whether the experience and qualifications of proposed “responsible officers” are sufficient, and identify other issues that may arise during the application process. We will also coordinate the licensing application process, including assisting corporations to draft business plans and compliance and operations manuals, working with clients to respond to queries raised by the SFC, and preparing applications for exemptions or waivers from particular SFC licensing requirements.

    We assist financial advisors to draft investment advisory agreements and other client contracts. We advise financial advisors on their on-going obligations as licensed persons, updating compliance manuals, policies and procedures to reflect the evolving Hong Kong regulatory and compliance framework for financial intermediaries, reviewing internal control systems (for example relating to record keeping and staff dealing) and suggesting fixes for identified deficiencies. We assist in establishing client take on procedures, in particular “know-your-client” and anti-money laundering policies, and procedures to verify professional investor status. We can also advise financial advisors on the regulatory implications of offering investment products in Hong Kong.

    We have a dynamic capital markets practice with extensive experience in negotiating underwriting and placing agreements in connection with IPOs and follow-on offerings on both the Main Board and the Growth Enterprise Market (GEM) of the Hong Kong Stock Exchange. Our M&A team can advise on restructurings of financial groups involving financial advisory businesses, as well as on M&A and equity financing transactions in which financial advisors are acting for a particular buyer, seller or investor.

    Charltons can also assist financial advisors in relation to SFC investigations, enforcement and disciplinary matters. Our experience includes advising SFC licensed corporations on misconduct by employees and advising financial intermediaries on potential unauthorised selling of investment products and carrying on “regulated activities” without proper licensing.

    We provide an insightful and highly personalised service to clients, and aim to deliver legal advice on complex issues in plain language. Charltons can offer financial advisors legal advice and a range of legal services. We have experience of SFC licensing requirements and investment advisory agreements.

     

    SFC Licensing Requirements for Financial Advisors

    A company wishing to advise on securities must be licensed by (or, if it is an authorised financial institution regulated by the Hong Kong Monetary Authority, registered with) Hong Kong’s Securities and Futures Commission for regulated activity Type 4, advising on securities. “Advising on securities” is defined as giving advice on the acquisition or disposal of securities or the issue of analyses or reports for the purpose of facilitating decisions on such acquisitions or disposals.

    A company proposing to act as a corporate finance advisor must be licensed (or, in the case of an authorized financial institution, registered)  for regulated activity Type 6, advising on corporate finance.  This is defined as advising:

    (a) on compliance with or in respect of the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange or the SFC’s Codes on Takeovers and Mergers and Share Buy-backs;

    (b) in relation to:

    1. public offers of securities;
    2. offers to acquire securities from the public; or
    3. acceptance of an offer referred to in (1) or (2) where the advice is given generally to holders of securities; or

    (c) a listed corporation or public company (or a subsidiary of either) or its officers or shareholders, regarding corporate restructuring of its securities (including the issue, cancellation or variation of rights attaching to securities).

    A company wishing to be licensed for regulated activity Type 4 is required to have minimum paid-up share capital of at least HK$5 million and liquid capital of at least HK$3 million. If, however, the licensed corporation is subject to the licensing condition that it cannot hold client assets, there is no minimum paid-up share capital requirement and the amount of liquid capital required is HK$100,000. The requirements for a Type 6 licensed corporation are paid-up share capital of HK$5 million and liquid capital of at least HK$3 million.

    A corporate finance adviser who wants to act as the sponsor of companies seeking to list on the Hong Kong Stock Exchange, or as the post-listing compliance adviser to a listed company, must be authorized by the SFC to conduct sponsor work. This requires minimum paid-up share capital of HK$10 million.

    Charltons can offer financial advisors legal advice and a range of legal services. We have experience of SFC licensing requirements and investment advisory agreements.

    正版特码生肖诗:Financial advisors

    Investment advisory agreement

    SFC licensing requirements

    Securities and Futures Commission SFC licensing requirements

    Hong Kong financial advisors corporate finance law

    SFC licensing requirements and investment advisory agreements

    Hong Kong Financial advisors legal advice

    Know-your-client and anti-money laundering policies

    Legal advice for Hong Kong financial advisors

    Regulated activity type 4 advising on securities

    Rules Governing the Listing of Securities on the Hong Kong Stock Exchange Listing Rules

    SFC Codes on Takeovers and Mergers and Share Buy-backs
    Regulated activity Type 6 advising on corporate finance
    Investment advisory contract requirements
    Hong Kong securities regulator
    Hong Kong Investment advisory agreement

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  • 让每一所乡村学校都“美”得有特点、“优”得有亮点 2019-03-25
  • 人民日报社黑龙江分社 2019-03-25
  • 美元短线拉升 随后回吐涨幅 2019-03-19
  • 人民网专访中国中小企业协会副会长、一带一路工作委员会主任商世伟 2019-03-19
  • 候选企业:神州优车集团 2019-03-17
  • 广西百色贫困山区经济社会发展现状调研报告 2019-03-17
  • 邻邦扫描:自卫队训练情报员讲中文 越军列装二手韩国战舰 2019-03-10
  • 欧宝将会在今年推出全新GT概念车 2019-03-08
  • 你轻信老伴四两枕边话?[微笑] 2019-03-08
  • 以保法治反腐公信力,以保中国社会普正义。 2019-03-06
  • 新时代 新担当 新作为 2019-03-06
  • 2017地方领导留言板APP2.0 2019-03-05
  • 《魔兽世界》怀旧服开荒时间最长的三大团队副本 2019-03-03
  • 新闻中心给记者留下美好记忆 2019-02-28
  • 中国和巴基斯坦将合拍电影《天路》 2019-02-28