The Briefing.

Circular on SFC-authorised funds with exposure to private market assets

Action requiredProductsType 9

What the SFC said

The SFC gives guidance to managers of SFC-authorised funds with direct or indirect exposure to private credit and private equity. Enhanced disclosure of the extent, nature and key risks of that exposure is required in offering documents and key facts statements, and exposure of 50% or more of NAV makes a fund a complex product.

Read the official circular on sfc.hk ↗

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

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