Regulatory Alerts2025-09-12
Added · Updated
Enhanced Facilitative Measure for Visiting Professionals and Revised SPM Module SB-1
The Hong Kong Monetary Authority issued a revised Supervisory Policy Manual module SB-1 to extend the annual engagement period for itinerant professionals conducting regulated activities from 30 to 45 days. This enhancement applies to both new and existing visiting professionals and aligns with recent Securities and Futures Commission measures to provide greater flexibility. The revision also incorporates technical updates regarding temporary relevant individuals and Type 13 regulated activities, superseding previous guidance on depositaries.
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