www. sfc. hk Application form refers to the Application Form for Registration of a Private Open-ended Fund Company or Establishment of a Privately Offered Sub-fund of an Open-ended Fund Company duly completed and executed by for and on behalf of the applicant
IFEC – Private and public OFCs - The Chin Family Private OFCs cannot be offered to the public e g offered to professional investors only They have to be registered by the SFC as per the OFC regulatory requirements but do not need to seek SFC’s authorization and thus are not subject to the requirements in the SFC Products Handbook
Open-ended Fund Companies – An Overview - PwC HK Under the OFC regime, there are two types of OFC, namely public OFC and private OFC The key difference is that a private OFC can only be offered to professional investors
Code on Open-Ended Fund Companies - SFC A “standing authority for Hong Kong Scheme Money” is a written notice given to a Private OFC Custodian by or on behalf of a private OFC authorizing the Private OFC Custodian to deal with Hong Kong Scheme Money from time to time in one or more specified ways before the expiry date of the authority
Circular on implementation of changes to the open-ended fund companies . . . This circular sets out further details on the implementation of changes to the open-ended fund companies (OFC) regime, which came into effect today The SFC released the consultation conclusions on enhancements to the OFC regime on 2 September 2020
Frequently Asked Questions - sfc. hk For an application of the registration of a private OFC or an application for appointment of custodian of a private OFC, the documents required to be submitted in respect of the proposed custodian are set out in the Information Checklist5
en-rules. sfc. hk Application form refers to the Application Form for Registration of a Private Open-ended Fund Company or Establishment of a Privately Offered Sub-fund of an Open-ended Fund Company duly completed and executed by for and on behalf of the applicant
www. sfc. hk (Applicable to an application for registration of a proposed private OFC) Basic description of the key operators and information on registered office of the Proposed Private OFC:
Open-ended Fund Companies (OFC) - aecsd. org The indicative instrument of incorporation provides the baseline contents An OFC may include other provisions provided that they do not contradict the required contents Thank you
HONG KONG OPEN-ENDED FUND COMPANIES (“OFCs”) – COMMON QUESTIONS Most notably, while custodians of public OFCs must meet the eligibility requirements as set out in the UT Code, a custodian of a private OFC may also be a Type 1 licensed corporation, provided that it is not subject to the condition that it shall not hold client assets, amongst other criteria