Alles Compliance Consulting Limited

Our SFC licensing specialists help our clients on the following:

• Advising on the licensing regime under the Securities and Futures Ordinance (“SFO”) and;
• Applying for SFC licenses from the Securities and Futures Commission (“SFC”); and
• Meeting ongoing regulatory requirements following successful license applications

Type 9 (Asset Management) Licence

Our clients engage us for continuous compliance support to meet regulatory requirements, from compliance & advisory support, on-site visits, intenral compliance audit, updates on compliance regulations to AML/KYC advisory.

Based on the needs of our clients, we provide tailor-made compliance support by company on matters arising from time to time:

• Screen all SFC circulars and assessing impacts on our clients;
• Provide interpretation on regulations and guidelines from regulators (e.g. ESG reporting requirements);
• Handle inquiries from regulators;
• Advise on actions to be taken upon becoming aware of breaches and system failure;
• Handle SFC inspections and audit;
• Review and evaluate AML and KYC internal control policies and procesures;
• Work on any compliance-related needs initiated by our clients

Effective from August 2022, all fund managers are required by the SFC to:

1. take climate-related risks into consideration in their investment and risk management processes
2. provide investors with appropriate disclosures

Apart from fulfilling the relevant obligations, Fund Managers are also required to prepare an ESG Report annually. Alles is ready to advise the applicable requirements & prepare the ESG Report.

The mechanism of OFC was introduced in 2021 as a measure to facilitate the re-domiciling of offshore based hedge funds and private equity funds back to Hong Kong.

The application process is not only taxing but also time-consuming with long turnaround time.

We help our clients set up their OFC companies and apply for grant from the government in a seamless manner.

Recruiting the right candidates is a painful process due to talent shortage, mismatch of job scope and candidate competency and misalignment in remunerations. 

Alles works with our hiring partners to assist our clients in recruiting ROs and Compliance Officers in an effective manner. 

Alles advises broker-dealer who intends to operate a brokerage business for products available on HKEx on the application for participantship and trading right.

We help our clients prepare and draft application documents and handle correspondence with the HKEx.

Alles has been offering SFC CPT courses for licensees to satisfy their CPT training requirements and accumulate CPT hours.

Our SFC CPT courses are prepared with reference to the most updated Hong Kong SFC Guidelines on Continuous Professional Training covering relevant topics, ranging from CPT courses directly related to RA to ethics and compliance courses.

Available now:

Hong Kong's Money Laundering and Terrorist Financing Risk Assessment Report (Online course)

With our extensive network, Alles is equipped to offer services to our clients who look to buy an initial business or expand their business scale.

In particular, we focus on the following:

• Securities brokers;
• Future brokers;
• Asset managers;
• Companies Money Lender; and
• Money Service Operator (MSO);

The execution of money services have to be licensed with the Commissioner of Customs and Excise, applying to any person or institution.

Alles offers extensive services for the application of Money Service Operator (MSO) Licence, which include:

• Reviewing backgrounds of applicants based on the licensing requirements
• Providing assistance throughout different stages of application
• Giving post-licensing advisory services