The 10th re-run of the FRR Course, under the collaboration of the aiM Group and the Hong Kong Securities and Investment Institute, was successfully delivered on September 17 and 18.
[Course Highlights]
In this FRR Course, we were pleased to welcome Evon Chow and Kevin Yung as the new instructors. They joined Leo Wong and Cyrus Fong in delivering a comprehensive curriculum on the FRR.
The FRR Course focused on the core regulatory requirements of the Securities and Futures Commission (“SFC”)’s Financial Resources Rules, exploring key topics through extensive practical case studies and interactive exercises. These topics included: an overview of the regulatory regime, risks addressed by FRR, share capital and liquid capital requirements, the computation basis, notification and submission requirements, an overview of forms in FRR returns, a case study on FRR computations, and practical issues regarding capital utilisation and FRR compliance.
Leveraging their extensive industry experience, the instructors illustrated how to apply regulatory texts in practice. Attendees raised challenges from their daily work, which the instructors addressed by walking through concrete examples to clarify the rationale and practical steps for compliance.
Looking ahead, aiM Group will continue focusing on hot topics of asset management, and conducting more courses to share more insights and practical experiences with the industry.
[The instructor team (L – R): Evon, Kevin, Leo, Cyrus]