HONG KONG: FAQs, Checklist, Confirmations and Guidance relating to Schemes under Mutual Recognition Arrangements and REITs

Wednesday October 7 2020

The Securities and Futures Commission (SFC) has published updated Frequently Asked Questions, Checklist, Confirmations and Guidance relating to Schemes under Mutual Recognition Arrangements and Real Estate Investment Trusts.

Real Estate Investment Trusts – Updated FAQ

Added Question (5A) What are the requirements for submitting documents and application fee in support of a new REIT application to the SFC?

To commence an application, various documents, including, for example, offering documents, duly signed and completed application form, application checklist and confirmations, as well as the application fee are required to be submitted to the SFC.

• Submission of application documents by soft copy
• Alternatives for signing application documents
• Payment of application fee

(28B) What are the requirements for submitting post-authorization documents to the SFC?

Set out below are the requirements for submitting documents to the SFC in connection with post-authorization matters of SFC-authorized REITs.

• Submission of documents by soft copy only
• Alternatives for signing documents

Schemes under Mutual Recognition Arrangement – Luxembourg

Added Question (1A) – What are the requirements for submitting documents and application fee in support of a new fund application to the SFC?

Answer: To commence an application, various documents, including, for example, offering documents, duly signed and completed application form, information checklist and confirmations, as well as the application fee are required to be submitted to the SFC.

• Submission of application documents by soft copy only
• Alternatives for signing application documents
• Taking up new fund application(s) with application fee(s) to follow

Click on the link for further information.