Company: GRAN
Filing Date: 2025-07-01
Form Type: 424B4
Source: 0001213900-25-060039
Chunk: 169

Company: Grande Group Ltd/HK
Filing Date: 2025-07-01
Form: 424B4
Chunk 169
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 section 129(1) of the SFO, in considering whether a person, an individual, corporation or institution, is fit and proper for the purpose of licensing or registration, the HKSFC shall, in addition to any other matter that the HKSFC may consider relevant, have regard to the following: •financial status or solvency; •educational or other qualifications or experience having regard to the nature of the functions to be performed; •ability to carry on the regulated activity concerned competently, honestly and fairly; and •reputation, character, reliability and financial integrity of the applicant and other relevant persons as appropriate. The above fit and proper criteria serve as the fundamental basis when the HKSFC considers each license or registration application. Detailed guidelines are contained in the Fit and Proper Guidelines, the Licensing Handbook and the Guidelines on Competence issued by the HKSFC. Licensed corporation For application as a licensed corporation, the applicant has to be incorporated in Hong Kong or an overseas company registered with the Companies Registry of Hong Kong and the licensed corporation has to satisfy the HKSFC that it has proper business structure, good internal control systems and qualified personnel to ensure the proper management of risks that it will encounter in carrying on the proposed regulated business as detailed in the business plan submitted to the HKSFC. Detailed guidelines to meet the requirements and expectations of the HKSFC are contained in the following documents issued by the HKSFC: •the Guidelines on Competence; •the Code of Conduct; •Management, Supervision and Internal Control Guidelines for Persons Licensed by or Registered with the HKSFC; •the Fit and Proper Guidelines; •the Corporate Finance Adviser Code of Conduct published by the HKSFC in October 2013 (the “CFA Code”); and •the Fund Manager Code of Conduct published by the HKSFC in November 2018. Responsible Officer A person who intends to apply to be a Responsible Officer must demonstrate that he/she fulfils the requirements on both competence and sufficient authority. An applicant should possess appropriate ability, skills, knowledge and experience to properly manage and supervise the corporation’s regulated activity(ies). Accordingly, the applicant has to fulfil certain requirements on academic or professional qualifications, industry experience, management experience and regulatory knowledge as stipulated by the HKSFC. If a Responsible Officer intends to conduct regulated activities in relation to matters falling within the ambit of a particular code issued by the HKSFC, he/she might be subject to additional requirements. For instance, in order to be eligible to