In July 2018, the Hong Kong SFC introduced the new open-ended fund companies (OFC) regime that enables investment funds to be established in corporate form in Hong Kong, in addition to the current unit trust form.
OFC is administrated under the SFC Code on Open-Ended Fund Companies. This training will provide information about the OFC regime in Hong Kong and their key features, SFC application and approval process, post establishment requirements, comparison with Cayman Islands exempted fund companies structure and the SFC Consultation with proposed enhancements to the OFC issued in Dec 2019.
To complete the training, you are required to answer 10 questions in the Assessment Test at the end of the training and have 6 questions answered correctly. Prior to taking the Assessment Test, you must watch the entire training video. Failure to do so may lead to cancellation of your Certificate of Completion.
**Please note that you are required to create an account with Thinkific, our Learning Management platform. Your Certificate of Completion will be issued using the name used to create the account. Therefore, please ensure that your official name is used when creating the account on Thinkific.**
For any queries, please email us at email@example.com. Thank you.
- Step 1: Watch the Training Video
- Step 2: Take Online Assessment (Passing Grade: 60%)(Answered 6 questions correctly out of 10 questions)
- Step 3: Download your certificate