Circular to licensed corporations carrying out sponsor work

Worth readingConduct

What the SFC said

Amid a surge in listing applications, the SFC and SEHK flag declining quality of draft listing documents and substandard sponsor conduct, including over-reliance on experts, inadequate Principal supervision and insufficiently experienced staff. Sponsors are reminded of their gatekeeping obligations and will be held accountable.

Read the official circular on sfc.hk ↗

This page is our summary and commentary, not the circular itself — always read the original before acting.

Same month in the Record

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