Grounded Ingenuity | Refined Results

Leveraging more than twenty years of experience serving clients in the financial sector, our firm has carved out a strong standing as the preferred organisation for businesses in search of tailored and inventive legal guidance. Our extensive experience in mutual funds complements our award winning practices in hedge funds, private equity and our financial services regulation.

Over the last 15 years our funds and regulatory lawyers routinely advise fund managers, banks, insurance companies sponsoring publicly offered funds, as well as private equity funds and their sponsors on Hong Kong regulatory requirements. Our clients range from start-ups to established private equity firms with over US$60 billion of assets under management.

WHAT WE CAN DO FOR YOU

Armed with deep insights into our client's industries, Timothy Loh LLP is ready to navigate you through the legal complexities with the following:

Authorization

We advise on the launch of unit trusts and mutual funds to the retail public in Hong Kong, handling applications for authorization by the Securities and Futures Commission (“SFC”) under the Securities and Futures Ordinance (“SFO”) in respect of the following:
  • European UCITS funds

  • Unit trusts and mutual funds

  • Real estate funds

  • Investment linked assurance schemes (“ILAS”)

Ongoing Compliance

We can guide you through ongoing compliance issues, including investor notifications and regulatory approvals, arising under the following:
  • SFC’s Code on Unit Trusts and Mutual Funds (“UT Code”)

  • Code on Investment Linked Assurance Schemes (“ILAS Code”)

  • Code on Real Estate Investment Trusts (“REIT Code”)

Public Listing of Investment Funds

We guide you through the launch of a publicly traded investment companies, including in respect of:
  • Applications for the listing of SFC authorized investment vehicles on the Stock Exchange of Hong Kong (“SEHK”) under Chapter 20 (for collective investment schemes) and Chapter 21 (for investment companies) of the Listing Rules of the SEHK (“SEHK Listing Rules”)

  • Exchange traded funds (“ETFs”)

Fund Documentation

We prepare transparent and clear investor communications, preparing and reviewing the following:
  • Offering documents

  • Key fact statements (“KFS”)

  • Fund fact sheets

  • Fund subscription agreements

  • Investor notices

We bridge language gaps, certifying Chinese translations of offering documentation and other investor communications.

Fund Distribution

We prepare and review fund distribution agreements.

grounded regulatory

COMPLIANCE

We advise on the launch of unit trusts and mutual funds to the retail public in Hong Kong, handling applications for authorization by the Securities and Futures Commission (“SFC”) under the Securities and Futures Ordinance (“SFO”) in respect of the following:
  • European UCITS funds

  • Unit trusts and mutual funds

  • Real estate funds

  • Investment linked assurance schemes (“ILAS”)

We can guide you through ongoing compliance issues, including investor notifications and regulatory approvals, arising under the following:
  • SFC’s Code on Unit Trusts and Mutual Funds (“UT Code”)

  • Code on Investment Linked Assurance Schemes (“ILAS Code”)

  • Code on Real Estate Investment Trusts (“REIT Code”)

We guide you through the launch of a publicly traded investment companies including in respect of:
  • Applications for the listing of SFC authorized investment vehicles on the Stock Exchange of Hong Kong (“SEHK”) under Chapter 20 (for collective investment schemes) and Chapter 21 (for investment companies) of the Listing Rules of the SEHK (“SEHK Listing Rules”)

  • Exchange traded funds (“ETFs”)

creative financial

SOLUTIONS

We prepare transparent and clear investor communications, preparing and reviewing the following:
  • Offering documents

  • Key fact statements (“KFS”)

  • Fund fact sheets

  • Fund subscription agreements

  • Investor notices

We bridge language gaps, certifying Chinese translations of offering documentation and other investor communications.

We prepare and review fund distribution agreements.

Let us arrange an appointment with our award-winning lawyers for your case

Contact Us

HOW WE OPERATE

Our pursuit of excellence anchors the firm’s sophisticated approach.

We blend steadfast professionalism with our relentless dedication, enabling us to provide exceptional legal services.

Our practices are encapsulated within these domains:

Authorization

Authorization

We uphold the utmost commitment to your firm, helping with SFC authorization under the SFO for publicly offered funds. Our guidance covers various funds, including UCITS and non-UCITS unit trusts, real estate funds, and ILAS. We ensure strict compliance with various SFC codes, prioritizing your business interests and aligning them with regulatory demands.

Listing

Listing

We simplify the process of listing SFC authorized investment vehicles on the SEHK. Whether your focus is on closed-ended investment funds or ETFs, we provide comprehensive advice for listing under Chapters 20 and 21 of the SEHK Listing Rules. We operate with integrity, ensuring your journey to public listing is smooth and compliant.

Documentation

Documentation

Transparent and clear communication forms the bedrock of investor trust. We meticulously prepare and review offering documents, KFS, fund fact sheets, and subscription agreements. Additionally, we certify Chinese translations of offering documentation and other investor communications, bridging language gaps and enabling clear understanding for all parties.

Compliance

Compliance

Our client-first approach extends to advising on compliance requirements under the UT Code and the ILAS Code. We guide you on the need for SFC approvals and provision of investor notices and help with the preparation of notices to investors, fostering a culture of regulatory compliance while keeping your business goals in sight.

In Mutual Funds, our practice has been recognised by:

“National Leader”

“Outstanding Practice”

“Leading Practice”

“Recommended Practice”

“Leading Lawyer”

OUR EXPERIENCE

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