“Hong Kong Securities and Futures Commission relaxes asset management””9number plate””The certification standards respond to the continuous development of the asset management industry in Hong Kong and the needs of many existing licensees.，The Securities and Futures Commission of Hong Kong issued new guidelines on June 23，Relax the certification standards for existing financial practitioners to obtain the Asset Management No. 9 License。
According to new guidelines，listed by the Securities and Futures Commission of Hong KongType 1 regulated activity licensedIf the responsible person has five or more years of relevant entrusted account management experience，and complete additional hours of continuing professional training，You can apply to the Securities and Futures Commission to engage in Type 9 regulated activities(asset Management)，without taking the required exams。
thereafter，The company to which the person in charge belongs can operate the entrusted account business，and the business concerned no longer needs to be incidental to the regulated activities for which it has been licensed.。but，The company is not allowed to carry out broader category 9 asset management activities including fund management，Unless another person in charge of the core function who is responsible for the overall management oversight function meets all the requirements for being licensed to carry out Category 9 activities，Includes required exams to pass。
For persons interested in managing private investment funds，Requires at least eight years of industry experience in local or overseas recognized markets in Hong Kong，and upon completion of additional hours of continuing professional training，You can also submit an application for No. 9 plate to the China Securities Regulatory Commission，without passing the exam。but，Such applicants will only be allowed to be affiliated with licensed corporations that only provide asset management services to professional investors.。
past，Institutional leaders who want to apply for Hong Kong Securities Regulatory Commission No. 9 License，Must pass Hong Kong’s local regulatory framework exam，That is, the Hong Kong Securities and Investment Institute’s licensing examination Paper 1 and Paper 6，To ensure that relevant laws and regulations of the Securities Regulatory Commission are complied with to an acceptable level。But such regulations “less take into account the applicant’s industry experience，Sometimes it's a complete waste of time，"Some people in the industry have criticized this。
For this time, the application qualifications for No. 9 license plates have been conditionally relaxed.，Ms. Leung Fengyi, Executive Director of the Intermediaries Department of the Hong Kong Securities and Futures Commission said：“Given the growth in Hong Kong’s asset management industry，证监会欢迎现有持牌人扩大其业务范围。我们的方针是要在公司获准从事的活动范畴与负责人员的经验之间取得平衡。
”香港立法会议员张华峰对媒体表示，有关指引对香港中小券商有帮助，可助中小券商转型，“不少从业员多年来没有离开过市场，也符合相关规定，如要他们考试，而考试好多时又是选择题，似是而非，完全可以通过上持续专业培训来取代的，所以现在这个新指引对从业人员好大帮助。
”据统计，去年香港证监会共发出164张9号牌，而今年截至5月31日，共发出84张9号牌，占去年全年的51%。”
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