Organisational structure 1.1 Segregation of work units and responsibilities Objective A management company shall have organisational structure that reflects the systematic segregation of duties. The mission
established in accordance with the following rules: (1) arrange the structure of the company in an orderly systematic way, according to duties, with a view to: (a) prevent dishonest acts of its personnel; (b
organisational structure of the company shall be established in accordance with the following rules: (1) arrange the structure of the company in an orderly systematic way, according to duties, with a view to: (a
supervised by a regulator located in a country whose supervisory measures on investment management are recognized by the SEC Office; For the purpose of intermediaries’ compliance with the aforesaid provision
authorised and supervised by the home regulator that is a signatory, and established for offering for sale under the Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's
Notification shall come into force as from 16 June 2021. Clause 2 In this Notification: “collective investment schemes” means foreign collective investment schemes authorised and supervised by the home regulator
problem-solving as a mechanism for dealing with potential financial crises in a systematic manner. Such plan must appropriately take into account the characteristics and complexity of structures and
services are managed efficiently, aligned with customers’ need and controlled with acceptable risk level. Establishment of Third-Party Risk Management Policy and Framework which cover risk assessment
has placed an emphasis on comprehensive risk management such as credit risk, market risk, liquidity risk, operational risk, cyber risk and strategic risk which are also covered and properly managed
, all of which are covered and properly managed. Credit Risk Management Credit risk refers to risk whereby a counterparty or borrower may default on contractual obligations or agreements, or have an