Hong Kong’s new Manager-In-Charge regime comes into effect on 18 April 2017.
This introduces measures to heighten the accountability of the senior management at licensed corporations and increase awareness of their obligations.
The Manager-In-Charge Regime impacts all corporations licensed by the Securities and Futures Commission and their senior management in Hong Kong. Senior management outside of Hong Kong may also fall within the scope of the Manager-In-Charge Regime.
In this update we pose some key questions to help you assess if you and your organisation are on track for compliance with the Manager-In-Charge Regime.