25 September, 2018
The SFC’s revised Fund Manager Code of Conduct (FMCC), which comes into effect on 17 November 2018, makes reference to a number of policies, guidelines and procedures which a licensed fund manager is expected to maintain.
We have prepared a memo for our clients which outlines the main policy requirements and lists an internal document which could be used to record a manager’s policies and compliance procedures in these areas.
The text of the revised FMCC is available in this Gazette Notice: https://www.sfc.hk/web/EN/pdf/Gazette/G.N. 8418 of 2017.pdf
For further information, please contact:
Mary Nieto, Deacons
mary.nieto@deacons.com.hk
