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Securities and Futures Commission

HKSI LE route for SFC Type 6 sponsor and takeovers work

How Hong Kong Type 6 corporate finance, sponsor principals, sponsor representatives, and takeovers work add exam and competence layers.

Exam focus

HKSI LE Papers 1, 5, 7, 11, 15, 16, and 17 depending on Type 6 role and work type.

Who this helps

  • - Corporate finance advisers
  • - Sponsor principal candidates
  • - Sponsor representatives
  • - Capital markets compliance teams

Route map

  1. 1. Confirm whether the activity is ordinary corporate finance advice, sponsor work, takeovers/share buy-backs work, or a combination.
  2. 2. For Type 6 representatives, HKSI maps Paper 1 plus Papers 7 and 11 as the core route.
  3. 3. For Type 6 responsible officers, HKSI maps Papers 1 and 5 plus Papers 7 and 11.
  4. 4. Sponsor principals and sponsor representatives can require additional Paper 15 or Paper 16, and takeovers/share buy-backs work can add Paper 17.

Licensing context

  • - Sponsor work is a narrower, higher-scrutiny Type 6 workflow than generic corporate finance advice.
  • - Capital raising may also raise Type 1, fund marketing, or US broker-dealer style questions depending on facts.
  • - The competence narrative should match deals, supervision, transaction type, and public-market responsibilities.

Study focus

  • - Study the difference between corporate finance advice, sponsor work, and takeover/share buy-back work before choosing papers.
  • - Build a transaction lifecycle map: mandate, due diligence, client classification, marketing, execution, disclosure, and conflicts.
  • - Responsible officer and sponsor candidates should prepare evidence of deal experience and supervision capability.

What to verify before relying on the route

  • - Whether the person is a representative, responsible officer, sponsor principal, sponsor representative, or takeovers adviser.
  • - Whether compensation, placement, or introduction work also creates dealing/brokerage analysis.
  • - Whether exemptions or previous experience affect the paper map.

Application tie-in

  • - The people file should include transaction experience matched to the precise Type 6 role.
  • - The corporate application should distinguish sponsor work and takeovers work from ordinary advisory mandates.
  • - Policies should cover conflicts, due diligence, communications, deal approval, and recordkeeping.

Common mistakes

  • - Treating Type 6 as one exam route for every corporate finance role.
  • - Forgetting Paper 15, 16, or 17 when sponsor or takeovers work is planned.
  • - Ignoring dealing or placement questions around capital raising.

Disclaimer

Information on LicenseCompare is for general educational purposes only and does not constitute legal, regulatory, financial, tax, investment, or professional advice. Licensing requirements depend on facts and change over time. Always consult official regulator materials and qualified professional advisers.