1． Management experience: Applicants must have at least two years of proven management skills and experience。2． Industry Experience Applicants are required to have three years of relevant industry experience within the six years before the application date.。The applicant’s experience gained from a wide range of activities and investment strategies，Churu Asset Management、proprietary trading、Research、private equity investment、Special Situations and Alternative Investment Experience，are considered industry experience directly relevant to hedge fund management。
If the applicant’s experience is only indirectly related to hedge fund management (such as sales、Hedge fund marketing and risk management business)，The SFC may exercise its discretion to accept his application as a responsible officer，However, licensing conditions will be imposed，
Require
when the person actively participates in or directly supervises the licensed business，Must be conducted under the guidance of responsible individuals with direct hedge fund industry management experience。
3． Educational Qualifications/Industry Qualifications Applicants must obtain recognized industry qualifications related to regulated activities。For example，For Type 9 regulated activity：(i) Paper 1 and Paper 3 of the Hong Kong Securities and Investment Institute (‘HKSI’) Diploma Program Examination (‘Diploma Program Examination’) ； or (ii) Paper 7 and Paper 12 of the Hong Kong Securities and Investment Institute Securities and Futures Practitioners Qualifying Examination (‘Qualifying Examination’)。
The following qualifications may be substituted for the above:
Require
：Accounting、Business Administration、economy、Finance、Law degree or other degree，But you must obtain passing grades in at least two courses of the above-mentioned academic materials.；law、An internationally recognized professional qualification in accounting or finance，Includes CFA、International Certified Investment Analyst and Certified Financial Planner；Obtain passing results in English or Chinese and Mathematics in the Hong Kong Certificate of Education Examination or equivalent Open Diploma of Secondary Education Examination and University Entrance Examination，An additional two years of relevant industry experience。
Relevant industry recognized qualifications will be taken into consideration when assessing the applicant’s industry experience，The roles and functions performed by the applicant and any experience closely related to the functions；or five additional years of relevant industry experience (i.e. eight years in total) 。The Securities Regulatory Commission may grant academic/industry qualifications
Require
comprehensive and conditional immunity。
The blanket condition exemption is available to anyone who is currently or has been a licensed representative within the past three years and wishes to apply.：(i) Different types of regulated activity licenses but
Require
Same qualifications and same roles；or (ii) transfer its certification status to another licensed corporation and engage in the same regulated activities and perform the same roles。under special circumstances，The SFC may also grant conditional exemptions。
If the applicant is a current licensee and has five years of relevant experience in the past eight years，To apply to perform the same role for another regulated activity but that activity
Require
different competency requirements，Applicants may be granted conditional exemption by the SFC。If the SFC grants a conditional exemption，The Securities and Futures Commission may impose restrictions on the scope of activities engaged in by applicants.。
in addition，Applicants are required to undertake an additional five hours of ongoing training in industry/product knowledge for the new regulated activity。4． Regulatory knowledge applicants must obtain a passing score in one of the locally recognized regulatory framework examinations。
For example，For Class 9 licenses，The locally recognized examination is：(i) Paper 2 of the Hong Kong Securities and Investment Institute Diploma Program Examination；(ii) Paper 1 of the Hong Kong Securities and Investment Institute Financial Markets Main Scheme Examination；or (iii) Papers 1 and 6 of the Securities and Futures Practitioners Qualification Examination (for current licensed representatives who wish to apply to become Responsible Officers，No need to take Paper 1 exam)。
The SFC may exercise its discretion to grant responsible officers a six-month grace period to pass relevant regulatory framework examinations。Unless the CSRC further extends the extension under special circumstances，If you fail to pass the relevant examination within six months of approval，May cause the approval to be invalid。
SFC may grant regulatory framework examination
Require
a blanket exemption if the person：(i) Has been licensed by the SFC for regulated activities involving the same competencies in the past three years，and perform the same role as the previous license；or (ii) within the past six years，Have no less than three years of experience in actively participating in regulatory or compliance work in relevant industries in Hong Kong。SFC may examine regulatory framework
Require
Exercise its discretion to grant conditional exemptions to qualified persons。
The SFC may impose such conditions as it considers necessary，For example, limiting the applicant’s activities to within the same group of related companies or at the non-retail customer level。The SFC may also grant conditional exemptions in certain circumstances。
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service，Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。
