Licensing For Family Offices in Hong Kong
On 7th January 2020 the SFC released 2 important circulars concerning licensing of private equity fund managers and advisers and family offices in Hong Kong. These circulars clarify the situations in which PE firms and family offices require licensing. It is extremely useful that a clear regulatory position now exists. For family offices that are not yet licensed there is an opportunity to move quickly to get licence applications into the SFC before any adverse consequences may be experienced.
If you have any questions about licensing for family offices, please contact one of our 2 regional heads of licensing based in Hong Kong – Alex Esson at firstname.lastname@example.org if you would prefer to discuss this in English or Rachel Wu at Rachel.email@example.com if you would prefer to discuss this in Cantonese or Mandarin.