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Course Details

(Webinar via Zoom) Introduction to the SFC codes and guidelines that are applicable to fund managers in Hong Kong and how they impact fund documents
Willa Chan, Founding Principal, Willa Legal
Date: 22 October 2024 (Tuesday)
Time: 2:30pm - 5:45pm
Level: I (Intermediate)
For delegates who have prior knowledge of the subject area
Language: English
Fee: HK$ 1,850
Accreditation: (3 CPD Points will be applied for)
Ref: L24SF02
Venue: Webinar Course
Presenter's Biography:

Willa Chan is a Hong Kong qualified funds lawyer and the Founding Principal of Willa Legal, an award-winning trusted boutique Hong Kong law firm offering private investment funds related legal services. Willa strives to work and partner with clients, friends and the industry stakeholders to build a friendly, mature and efficient ecosystem for the private fund sector.

Willa advises and represents Chinese, Hong Kong and international fund sponsors, asset managers, financial institutions and family offices on establishing, structuring and restructuring funds, discretionary accounts and other collective investment schemes of different investment strategies (e.g. hedge, private equity, venture capital, distressed asset, credit, art, etc.) and in various forms (e.g. Hong Kong Limited Partnership Fund (HKLPF), Hong Kong Open-Ended Fund Company (HKOFC), Cayman Islands Segregated Portfolio Company (Cayman SPC), Cayman Islands Exempted Limited Partnership, Cayman Islands master-feeder structures etc). Willa also advises, structures and documents seed investments, revenue sharing and upstream shareholding arrangements, and represents fund investors in respect of their investments in various fund and investment products. Prior to founding Willa Legal, Willa had worked in top tier funds practice in a US white shoe firm and a PRC red circle firm.

Willa is the author of the Annotated Ordinances of Hong Kong: Limited Partnership Fund Ordinance (Cap. 637). She is the "Recommended Lawyer for Investment Funds" by Legal500 Hong Kong, the "Rising Star Partner in Investment Funds 2023" by IFLR1000, the Finalist of the "Young Lawyer of the Year Award" by Asian Legal Business (ALB) and "LexisNexis Women to Watch 2023" in recognition of her achievements, leadership qualities and passion in the legal industry (especially in the investment funds area).

Willa is also a chartered secretary and chartered governance professional. She is actively involved in government consultancy projects regarding the development of fund-related laws, regulations and policies and is a frequent speaker in corporate trainings and seminars hosted by various financial institutions, industry associations and universities.
Willa graduated with honours with a Bachelor of Laws degree and is fluent in English, Cantonese and Mandarin.
 
Objective:

To provide an overview on the SFC Codes and Guidelines that are applicable to fund managers in Hong Kong and discuss the main compliance considerations when drafting fund documents.
 
Outline:

  • Under what circumstances do SFC codes and guidelines apply to a fund manager?
  • What is a "client" of fund manager? Is the "client" the fund or the fund investors? How important is such an analysis?
  • What are the SFC code and guideline-triggered disclosure requirements applicable to fund documents? How do they affect how the fund managers and the funds operate?
  • What exemptions are available to fund managers when dealing with professional investors?
  • What are the penalties when fund managers do not comply with SFC codes and guidelines?

 
Category: Regulatory & SFC Compliance
Course Booking Terms & Conditions

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