Oversight library

Oversights are legal update articles prepared by the Simmons & Simmons Investment Funds team. We discuss legal and regulatory developments in the asset management and investment funds sector in Hong Kong and provide our insight on their practical implications. If you are interested in learning more, please contact a member of our Funds team.

Oversight: Streamlined requirements for master-feeder ETFs
June 2024
This Oversight discusses the updated SFC circular on streamlined requirements for master-feeder ETFs.
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Oversight: The SFC´s Circulars on tokenised securities-related activities and on tokenisation of investment products
December 2023
This oversight discusses the SFC circulars regarding tokenised securities-related activities and the management of tokenised investment products.
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Streamlined Approach for Sophisticated Professional Investors
8 September 2023
This Oversight provides guidance on the streamlined approach for compliance with suitability obligations when dealing with sophisticated professional investors.
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Oversight: SFC’s regulation of Hong Kong custodians
14 April 2023
This oversight summarises the further consultation conclusions regarding the regulation of Hong Kong custodians.
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Oversight: SFC Consultation on Virtual Asset Trading Platforms
30 March 2023
This Oversight discusses the launch of the consultation paper on the proposed regulatory requirements for virtual asset trading platform operators.
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Oversight: Extension of VCC Grant Scheme
20 January 2023
This Oversight discussed the MAS action to extend the validity of the VCC Grant Scheme.
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Oversight: FAQs on disclosure and reporting guidelines for ESG funds
10 January 2023
This Oversight article highlights key clarifications made by the MAS in the FAQs.
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Oversight: Virtual asset futures ETFs
22 November 2022
This Oversight discusses the SFC circular regarding virtual asset futures exchange traded funds.
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Oversight: SFC revisits professional investors exemption
10 August 2022
This Oversight discusses the proposed changes to the professional investors exemption.
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Oversight: Consultation on foreign source income exemption
1 August 2022
This Oversight discusses the proposed changes to the foreign source income exemption regime.
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Oversight: ETF Connect
30 June 2022
This Oversight summarises and discusses the features and implications regarding ETF Connect.
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Oversight: SFC Consultation on the Position Limit Regime
13 June 2022
This Oversight summarises and discusses the SFC Consultation regarding the position limit regime.
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Oversight: Proposed regulation of Hong Kong custodians
25 March 2022
This oversight summarises the consultation conclusions and the further consultation regarding the proposed regulation of Hong Kong custodians.
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Oversight: Streamlined requirements for master-feeder ETFs
21 March 2022
The SFC has consistently tried to allow more flexibility in a master-feeder ETF structure.
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Oversight: Wealth Management Connect
18 October 2021
A look at the Hong Kong implementation details in respect of the Southbound and Northbound Schemes and the implications for its financial industry.
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Oversight: Consultation Conclusions on ESG Requirements for Funds
21 September 2021
This Oversight provides an overview of the finalised requirements in the Consultation Conclusions.
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Oversight: SFC Consultation conclusions on investor identification regime
26 August 2021
This Oversight discusses the SFC’s finalised plans relating to the HK Investor ID Regime and the OTC Securities Transactions Reporting Regime.
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Oversight: Re-domiciliation of Foreign Funds into Hong Kong
13 August 2021
This Oversight discusses the proposed re-domiciliation mechanisms in Hong Kong and their practical implications.
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Oversight: Hong Kong issues Revised Circular on ESG and Climate Funds
16 July 2021
This Oversight gives an overview of the key features of the Revised Circular and examines their implications.
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Oversight - SFC circulars on vaccination and exemption from quarantine
14 July 2021
This Oversight summarises the key points as set out in the two circulars and examines their implications for licensed corporations.
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Oversight: SFC consultation conclusions on competency requirements
30 June 2021
This Oversight provides an overview of the finalised changes to the competency framework.
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Oversight: SFC announces subsidy for OFCs
21 May 2021
This Oversight explores the key features of the Grant Scheme as applicable to OFCs and compares it with the VCC grant scheme in Singapore.
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SFC Consultation on Competency Requirements for Intermediaries
1 March 2021
An overview of the enhancements proposed to be introduced by the SFC in regards to the competency framework.
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Oversight - SFC consults on investor identification regime
18 January 2021
Overview of the SFC’s proposals relating to the HK Investor ID Regime and the OTC Securities Transactions Reporting Regime.
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Oversight - SFC releases new FAQs on external electronic data storage
15 January 2021
Overview of the existing requirements and regulatory standards outlined in the Circular, and analysis of the practical implications arising from the FAQs.
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Oversight- Hong Kong proposes 0% tax rate on eligible carried interest
15 January 2021
An overview of the present tax regime in respect of PE funds and the tax concession proposals set out in the Paper.
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Oversight - SFC consultation on climate-related risks requirements
30 November 2020
An overview of the Consultation Paper on the management and disclosure of climate-related risks by fund managers.
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Oversight - E-dissemination of fund documents
21 October 2020
Overview of the scope of application of the Circular on the electronic dissemination of investment product documents.
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Oversight - ESG Funds in Hong Kong and Singapore
21 October 2020
Overview of the ESG Survey and the requirements mandated by the SFC and the MAS in relation to the establishment of ESG funds in Hong Kong and Singapore.
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Oversight - SFC updates OFC regime
11 September 2020
Key features of OFCs and the forthcoming changes as set out in the Consultation Conclusions (2 September 2020).
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Onshore fund domiciles - Hong Kong, Irish and Singapore funds
1 September 2020
View our webinar to learn more about the Irish ICAV, Singapore Variable Capital Company and the Hong Kong Limited Partnership Fund.
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Oversight - Proposed Hong Kong Tax Concession for Carried Interest
28 August 2020
This Oversight considers the tax concession proposals in respect of Carried Interest in Hong Kong.
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Oversight – Hong Kong Limited Partnership Funds
3 August 2020
A look at the Limited Partnership Fund Ordinance of Hong Kong.
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The Licensing of PE Fund Managers in HK
19 March 2020
Unpacking the SFC’s latest circular on licensing for PE fund managers in HK.
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Oversight – SFC Clarifies Licensing Regime for PE and Family Offices
20 February 2020
A look at the Securities and Futures Commission’s issued circulars.
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