The Securities and Futures Commission (SFC) on 7 January published two circulars to clarify licensing obligations for family offices and private equity (PE) firms operating in Hong Kong. In the circular on the licensing obligations of family offices, the regulator emphasised the “activity-based” nature of the licensing regime under the Securities and Futures Ordinance (SFO) and noted that family offices…
SFC rolls out licensing guidance for family offices and PE firms
