Linked In Twitter Facebook Email. Duties and Liabilities of Responsible Officers Overview The course aims to reinforce the general functions and specific duties and liabilities of a Responsible Officer under the Securities and Futures Ordinance (Cap.571) through sharing of key legal and/or enforcement cases. The SFO requires appointment of Responsible Officers (ROs) for each licensed corporation. How do you become an RO and what are the duties and liabilities for ROs?

Duties and Liabilities of Responsible Officers under the Securities and Futures Ordinance. All Rights Reserved. To request re-run, please click on the “request re-run” box on the right. Tuesday, March 11, 2014 at 12:30PM.

Duties and Applications of Responsible Officers.

Duties and Liabilities of Responsible Officers Under the SFO All registered firms such as securities / futures companies, fund management firms, financial advisory companies and corporate finance firms will need to be licensed by the SFC to conduct regulated activities. ROs bear significant responsibilities and duties, and it is essential that every RO and licensed corporation understands what these are, along with the serious consequences if these responsibilities and duties are not fulfilled. It is not acceptable to hire responsible officers in name only; they must participate in the supervision of the licensed corporation’s business. Duties and Liabilities of Responsible Officers under the SFO *Please note this course will be conducted in Cantonese* All registered firms such as securities / futures companies, fund management firms, financial advisory companies and corporate finance firms will need to be licenced by the SFC to conduct regulated activities. Each licensed corporation requires 2 Responsible Officers (RO). All registered firms such as securities / futures companies, fund management firms, financial advisory companies and corporate finance firms will need to be licensed by the SFC to conduct regulated activities.

Individual not being a director can also become a responsible officer. What are the criteria for assessing his competence, if he is not a member of the board of directors? Duties and Liabilities of Responsible Officers Under the SFO *Please note this course will be conducted in Cantonese. Site by * Corporations such as securities / futures companies, fund management houses, financial advisory companies and corporate finance firms will need to be licenced by the SFC to conduct one or more regulated activities. Please contact us by email at registration@courses-seminars.com to be put on waiting list for this course. We will, by reference to real life examples, provide an overview of the RO regime, the key duties and responsibilities of ROs and the pitfalls that ROs need to avoid.Room 201, 2/F Prosperous Building, 48-52 Des Voeux Road Central, Hong KongRoom 201, 2/F Prosperous Building, 48-52 Des Voeux Road Central, Hong KongCopyright © 2020 Courses & Seminars. How do you become an RO and what are the duties and liabilities for ROs?Room 201, 2/F Prosperous Building, 48-52 Des Voeux Road Central, Hong KongRoom 201, 2/F Prosperous Building, 48-52 Des Voeux Road Central, Hong Kong*This course was originally scheduled on 15 September 2016Copyright © 2020 Courses & Seminars. Responsible officers must have sufficient authority to supervise the business of the regulated activity for which they are approved. Site by responsible officers should be reasonable for the proper discharge of their duties. *Due to popular demand, this course is now FULL.

Duties and Liabilities of Officers of a Company: The statutory principles of Corporate Law in India are enshrined primarily in the Companies Act, 1956 and other supplementary and complementary enactments and regulations. Duties and Liabilities of Responsible Officers Under the SFO The SFO requires appointment of Responsible Officers (ROs) for each licensed corporation. ROs bear significant responsibilities and duties, and it is essential that every RO and licensed corporation understands what these are, along with the serious consequences if these responsibilities and duties are not fulfilled. Hong Kong. All Rights Reserved. Each licensed corporation requires 2 Responsible Officers (RO).