Investor Presentaiton

7. Practical tips and common misconceptions Investment managers Q: Is it more onerous for investment managers to operate private OFCs than offshore fund structures as private OFCs are regulated by the SFC? - - Investment managers of private OFCs are required to comply with the same conduct requirements in managing a private OFC as those that are applicable to them in managing an offshore fund structure in Hong Kong. Such requirements include meeting the relevant "fit and proper" requirements and complying with the Fund Manager Code of Conduct and other existing conduct requirements applicable to investment managers as is the case for managing all types of private funds. SFC 證監會 30

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