CONDITION VARIATIONS OF LICENSED PERSONS/REGISTERED INSTITUTIONS DURING 07/2006

CE Name: Phoenix Capital Securities Limited
CE No.: ABF268
Licence Type: Licensed Corporation 
Condition Added:
For Type 2 regulated activity, the licensee shall not deal, on behalf of clients, in futures contracts relating to physical commodities.
Condition Level: Type 2 Regulated Activity

CE Name: CCB International Capital Limited
CE No.: AJO225
Licence Type: Licensed Corporation 
Condition Removed:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: Splendor Global Investments Limited
CE No.: AEJ327
Licence Type: Licensed Corporation 
Condition Removed:
The licensee shall commission an external auditor to conduct review and report on its operation and internal control. The said report must be submitted to the Commission by 6/7/06.
Condition Level: Licence

CE Name: Mirabaud Securities (Asia) Limited
CE No.: AIR927
Licence Type: Licensed Corporation 
Condition Added:
The licensee shall not provide any services to retail clients other than in the course of conducting business as an introducing broker to Mirabaud & Cie.
Condition Level: Licence

CE Name: Mirabaud Securities (Asia) Limited
CE No.: AIR927
Licence Type: Licensed Corporation 
Condition Removed:
The licensee shall not provide any services to retail clients.
Condition Level: Licence

CE Name: WONG Shue Yung, Teresa
CE No.: AAC301
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: NG Siu Yung, Conny
CE No.: AAG208
Licence Type: Licensed Representative 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: LEE Sai Wah, Daniel
CE No.: ABP729
Licence Type: Licensed Representative 
Condition Added:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect:
(i) upon the licensee ceasing to act for or on behalf of his principal(s) in respect of that regulated activity; or
(ii) on 30 October 2006 (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time demonstrated to the satisfaction of the Commission that he has attended and completed a specialised course conducted by the Hong Kong Securities Institute in respect of securities dealing.
Condition Level: Type 1 Regulated Activity

CE Name: CHENG Mun Wah, Heidi
CE No.: ABT047
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall not engage in dealing activities other than those relating to corporate finance.
Condition Level: Type 1 Regulated Activity

CE Name: CHENG Mun Wah, Heidi
CE No.: ABT047
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHENG Mun Wah, Heidi
CE No.: ABT047
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: LAU Ka Yip, Eddy
CE No.: ACD286
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Sau Shan, Gary
CE No.: ACH777
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall not engage in dealing activities other than those relating to corporate finance.
Condition Level: Type 1 Regulated Activity

CE Name: WONG Sze Yuen, Ivan
CE No.: ACJ532
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: WONG Chi Hung
CE No.: ACQ049
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall not engage in dealing activities other than those relating to corporate finance.
Condition Level: Type 1 Regulated Activity

CE Name: TSE Win Yee, Annie
CE No.: ACR126
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: KEOY Soo Lik
CE No.: ACX414
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall not engage in dealing activities other than those relating to corporate finance.
Condition Level: Type 1 Regulated Activity

CE Name: WOTHERSPOON Kevin James
CE No.: ACY797
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: HO Man Tat
CE No.: ADG964
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: HO Man Tat
CE No.: ADG964
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: LEE Siu Ming, Simon
CE No.: ADK017
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall not engage in dealing activities other than those relating to corporate finance.
Condition Level: Type 1 Regulated Activity

CE Name: YOU Jingfeng
CE No.: ADK262
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall not engage in dealing activities other than those relating to corporate finance.
Condition Level: Type 1 Regulated Activity

CE Name: YIEN Ling Ying, Linen
CE No.: ADS757
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: GRIFFITHS John David
CE No.: ADU841
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHEN Chia Ling
CE No.: ADV930
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LEE Hing Cheung, Eric
CE No.: ADX639
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall only engage in underwriting, sub-underwriting and placing of securities, and in dealing activities relating to transactions governed by the Hong Kong Codes on Takeovers and Mergers and Share Repurchases and the rules governing the listing of securities.
Condition Level: Type 1 Regulated Activity

CE Name: CHENG Po Chuen
CE No.: ADZ025
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHENG Po Chuen
CE No.: ADZ025
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: YEE Pui Fonk, Janet
CE No.: AED786
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: YEE Pui Fonk, Janet
CE No.: AED786
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: LEUNG SHAM Choi Man, Kristie
CE No.: AFD355
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall only perform distribution function for collective investment schemes.  The term "distribution function" is defined in the Code on Unit Trusts and Mutual Funds issued by the Commission.
Condition Level: Type 1 Regulated Activity

CE Name: HO Sai Man
CE No.: AFE069
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LAU Chi Kin
CE No.: AFJ877
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LAU Chi Kin
CE No.: AFJ877
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: SUN Chuen Wah, Anthony
CE No.: AFP060
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Chun Man
CE No.: AGJ907
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Chun Man
CE No.: AGJ907
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Chun Man
CE No.: AGJ907
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity, the licensee shall only perform distribution function for collective investment schemes.  The term "distribution function" is defined in the Code on Unit Trusts and Mutual Funds issued by the Commission.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Kin Wai, Philip
CE No.: AGU694
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Kin Wai, Philip
CE No.: AGU694
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: NG Wing Sze, Grace
CE No.: AGW637
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: GRIFFITHS Richard Alan
CE No.: AHJ440
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: GRIFFITHS Richard Alan
CE No.: AHJ440
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: TSE Yee Hin, Tony
CE No.: AHY113
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TSE Yee Hin, Tony
CE No.: AHY113
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: FORD John Michael Frederic
CE No.: AJE749
Licence Type: Licensed Representative 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: FORD John Michael Frederic
CE No.: AJE749
Licence Type: Licensed Representative 
Condition Removed:
For Type 1 regulated activity, the licensee shall only perform distribution function for collective investment schemes.  The term "distribution function" is defined in the Code on Unit Trusts and Mutual Funds issued by the Commission.
Condition Level: Type 1 Regulated Activity

CE Name: SIU Jimmy
CE No.: AMP602
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LI Kan Fung
CE No.: AMQ914
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TEOH Chia Wen
CE No.: AMR406
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: ALBY Eric Olivier
CE No.: AMS244
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHEN Yi-Ju
CE No.: AMS528
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHEN Hsueh-Fan
CE No.: AMS529
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: KWOK Hoi Shan
CE No.: AMS711
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TSUI Alvin Chun Ming
CE No.: AMS882
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: YUEN Sze Wing Esther
CE No.: AMS885
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: SHARMA Ruchir Rakeshkumar
CE No.: AMT887
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: HONGRE Bertrand Maurice Marie
CE No.: AMT917
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LIN Yen-Shang
CE No.: AMU218
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: NAITO Kazuma
CE No.: AMW685
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: GAO Ting
CE No.: AMW750
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: WONG Lai Fong, Serina
CE No.: AMX120
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHEN Ya-chu
CE No.: AMX440
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: FONG Chi Keung, Johnson
CE No.: ANA245
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: PARK Nam Seok
CE No.: ANA757
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LEONARD Neil Angus James
CE No.: ANB385
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHEN Hsuan-Hung
CE No.: ANB479
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: HSIAO Yung-li
CE No.: ANB848
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: FOK Kei Shun, William
CE No.: ANC090
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LIONG Soon Pen
CE No.: AND700
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: WONG Leung Hei
CE No.: ANE750
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: WAN Chi Hang
CE No.: ANE890
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: ZHAO Bingdong
CE No.: ANF182
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: HOARE Todd John
CE No.: ANG178
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Chor Yan
CE No.: ANG306
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Hoi Yan, Rene
CE No.: ANG332
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHEN Jiwen
CE No.: ANG364
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: DESHMUKH Aniruddha Ravindra
CE No.: ANG434
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: SHIU Hei Chuen
CE No.: ANG609
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: BUSH Timothy David
CE No.: ANG617
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: PANG Chi Wai
CE No.: ANG967
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LI Yan
CE No.: ANH061
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LEUNG Fletcher Nai Ho
CE No.: ANH099
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: YANG Jinming
CE No.: ANH103
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: YANG Wenzhu
CE No.: ANH104
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TEO Lay Lin
CE No.: ANH229
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHIEN Ching-Yi
CE No.: ANH367
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: SONG Siqin
CE No.: ANH381
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LEE Seung June
CE No.: ANH437
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: KEWALRAMANI Sachin
CE No.: ANH733
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TAN Zi Lin, Vera
CE No.: ANH747
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: HUANG Jack Yan Wen
CE No.: ANI730
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: XU Lulu
CE No.: ANI751
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TAO Nina Chih-Yu
CE No.: ANI909
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: WATANABE Kunio
CE No.: ANI941
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: WATANABE Kunio
CE No.: ANI941
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: MUTHUKRISHNAN Anupama
CE No.: ANI972
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: SZETO Yuen Yee
CE No.: ANJ402
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: KOH Hooi Hoe
CE No.: ANJ416
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: VARSHNEY Varun
CE No.: ANJ559
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: ZHANG Wei
CE No.: ANJ695
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LUCHANGCO Eric Roberto Mirasol
CE No.: ANK080
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: MANKUDE BHASKER RAO Ravi Kiran
CE No.: ANK084
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: SO Chung Yin, Willie
CE No.: ANK089
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LI Andrew Sing-tsze
CE No.: ANK159
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: ZHANG Tingting
CE No.: ANK348
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LAM Kwan Choi
CE No.: ANK393
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: NG Kin Ki
CE No.: ANK752
Licence Type: Licensed Representative 
Condition Added:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LUO Huihua
CE No.: ANL067
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TSUI Tak Shing, Dominic
CE No.: ANL776
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: SETIAWAN Ronny
CE No.: ANM323
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: YANG Becky
CE No.: ANM527
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHEN Yu-Jen
CE No.: ANM696
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: TANG Wing Sze, Wincy
CE No.: ANM716
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: COLLETT Benjamin Robert
CE No.: ANM944
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: LIU Bei
CE No.: ANN276
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: HSU Yu-ying
CE No.: ANP483
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 1 Regulated Activity

CE Name: CHAN Siu Man
CE No.: AAZ154
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 2 regulated activity, the licensee shall not deal, on behalf of clients, in futures contracts relating to physical commodities.
Condition Level: Type 2 Regulated Activity

CE Name: CHAN Hung Kee
CE No.: ABF065
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: YIEN Ling Ying, Linen
CE No.: ADS757
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: CHAN Wing Chiu
CE No.: ADT876
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: CHAN Wing Chiu
CE No.: ADT876
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 2 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 2 Regulated Activity

CE Name: PAN Ming
CE No.: ADU474
Licence Type: Licensed Representative 
Condition Added:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: LAU Hung Chuen
CE No.: ADZ808
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 2 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 2 Regulated Activity

CE Name: HO Sai Man
CE No.: AFE069
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: SUEN Pui Chun
CE No.: AFG045
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: SUEN Pui Chun
CE No.: AFG045
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 2 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 2 Regulated Activity

CE Name: SHIMADA Kenji
CE No.: AHK579
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: SHIMADA Kenji
CE No.: AHK579
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 2 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 2 Regulated Activity

CE Name: LUI Jammy
CE No.: AJE971
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: LUI Jammy
CE No.: AJE971
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 2 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 2 Regulated Activity

CE Name: GAY Pierre Gilbert
CE No.: AMO576
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: GAY Pierre Gilbert
CE No.: AMO576
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 2 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 2 Regulated Activity

CE Name: SIU Jimmy
CE No.: AMP602
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: LIN Yen-Shang
CE No.: AMU218
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: NAITO Kazuma
CE No.: AMW685
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: WONG Lai Fong, Serina
CE No.: AMX120
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: CHEN Ya-chu
CE No.: AMX440
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: FOK Kei Shun, William
CE No.: ANC090
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: THOMAS Katherine Louise Alban
CE No.: ANE040
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: CHAN Chor Yan
CE No.: ANG306
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: SHIU Hei Chuen
CE No.: ANG609
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: TEO Lay Lin
CE No.: ANH229
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: HUANG Jack Yan Wen
CE No.: ANI730
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: VARSHNEY Varun
CE No.: ANJ559
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: LUI Kin Wai
CE No.: ANM045
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: YANG Becky
CE No.: ANM527
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: CHEN Yu-Jen
CE No.: ANM696
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: TANG Wing Sze, Wincy
CE No.: ANM716
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: COLLETT Benjamin Robert
CE No.: ANM944
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: HSU Yu-ying
CE No.: ANP483
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 2 Regulated Activity

CE Name: HUI Chi Keung
CE No.: ACJ725
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 3 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 3 Regulated Activity

CE Name: HUI Chi Keung
CE No.: ACJ725
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 3 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 3 Regulated Activity

CE Name: SO Chi King, Stephen
CE No.: ACL650
Licence Type: Licensed Representative 
Condition Removed:
For type 3 regulated activity, the licensee shall not provide discretionary account services.
Condition Level: Type 3 Regulated Activity

CE Name: LEE Kei Shun
CE No.: AFD221
Licence Type: Licensed Representative 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: DU Hoc Sieu
CE No.: AHC988
Licence Type: Licensed Representative 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: OEY Ching Tat
CE No.: AHS157
Licence Type: Licensed Representative 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: LEE Chie Kang, Francis
CE No.: AIM240
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: LEE Chie Kang, Francis
CE No.: AIM240
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: KWONG Wai Tat
CE No.: AKQ252
Licence Type: Licensed Representative 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: LING Sau Fung
CE No.: ALZ735
Licence Type: Licensed Representative 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: MAK Siu Lun
CE No.: AMV285
Licence Type: Licensed Representative 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: LEE Chi Kin
CE No.: AMZ336
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 3 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 3 Regulated Activity

CE Name: CHANG Hsun Fang
CE No.: ANP491
Licence Type: Licensed Representative 
Condition Added:
For Type 3 regulated activity, the licensee shall not provide discretionary account services to clients.
Condition Level: Type 3 Regulated Activity

CE Name: WONG Shue Yung, Teresa
CE No.: AAC301
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: LAU Ka Yip, Eddy
CE No.: ACD286
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: CHENG Kam Wah, Conrad
CE No.: ACT428
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHENG Kam Wah, Conrad
CE No.: ACT428
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: BUTE Man Kwong
CE No.: ADI661
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHEN Chia Ling
CE No.: ADV930
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LI Hoi Lin, Dinnie
CE No.: AFL803
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LI Hoi Lin, Dinnie
CE No.: AFL803
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: LAU Heung Wai
CE No.: AFX585
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LAU Heung Wai
CE No.: AFX585
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: CHAN Chun Man
CE No.: AGJ907
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHAN Chun Man
CE No.: AGJ907
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: NG Wing Sze, Grace
CE No.: AGW637
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: TSE Yee Hin, Tony
CE No.: AHY113
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: TSE Yee Hin, Tony
CE No.: AHY113
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: YEUNG To Chai, Abdullah
CE No.: AIU262
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: FORD John Michael Frederic
CE No.: AJE749
Licence Type: Licensed Representative 
Condition Removed:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: YUNG Tze Mei, Dorothy
CE No.: AJN060
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHEN Chien Chih
CE No.: AKX325
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHEN Chien Chih
CE No.: AKX325
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: GUNTHER Shane Jayson Daniels
CE No.: ALB795
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: GUNTHER Shane Jayson Daniels
CE No.: ALB795
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: WAN Mun Wah
CE No.: ALF372
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: FAN David Ching
CE No.: AMT939
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: HUANG Haizhou
CE No.: AMU474
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: HUANG Haizhou
CE No.: AMU474
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LUNDBERG Karl Andreas
CE No.: AMW551
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LI Yuezhong
CE No.: AMX710
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: KIM So Young
CE No.: AMY841
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LEE Miu Fan
CE No.: AMZ208
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: PARK Nam Seok
CE No.: ANA757
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: YANG Huiyan
CE No.: ANB375
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: WANG Yinan
CE No.: ANB406
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: HSIAO Yung-li
CE No.: ANB848
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHEUNG Man Wing
CE No.: ANG320
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHEN Jiwen
CE No.: ANG364
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LI Mingjiang
CE No.: ANG396
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: KAO Yi-Yi
CE No.: ANG417
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: OHYAGI Sayuri
CE No.: ANG612
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: HO Hung Chi
CE No.: ANH008
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: SCHEIT Terence Charles Werner
CE No.: ANH012
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LEUNG Fletcher Nai Ho
CE No.: ANH099
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: NG Tsui Wah, Phoebe
CE No.: ANH742
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: XU Lulu
CE No.: ANI751
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: WATANABE Kunio
CE No.: ANI941
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: WATANABE Kunio
CE No.: ANI941
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 4 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 4 Regulated Activity

CE Name: MUTHUKRISHNAN Anupama
CE No.: ANI972
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LAM Yat Chi, Moon
CE No.: ANJ150
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: SAMUEL Jacob
CE No.: ANJ557
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: ZHANG Wei
CE No.: ANJ695
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: YAP Yik Wah, Alicia
CE No.: ANJ759
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: SO Chung Yin, Willie
CE No.: ANK089
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LI Andrew Sing-tsze
CE No.: ANK159
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LAM Kwan Choi
CE No.: ANK393
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: WUH Paul I
CE No.: ANK394
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: CHOY Tsun Kit, Jackie
CE No.: ANK724
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: KO Wai Yin
CE No.: ANK975
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: AU Kar Yee
CE No.: ANM167
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: TSE Wing Hong
CE No.: ANM294
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: WONG Chi Ming
CE No.: ANN089
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LIU Bei
CE No.: ANN276
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 4 Regulated Activity

CE Name: LAU Chung Hing, Sammy
CE No.: AAE939
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 5 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 5 Regulated Activity

CE Name: BARKER Geoffrey Charles
CE No.: ADF374
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 5 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 5 Regulated Activity

CE Name: BUTE Man Kwong
CE No.: ADI661
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 5 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 5 Regulated Activity

CE Name: DARBY Sean
CE No.: AFD144
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 5 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 5 Regulated Activity

CE Name: LI Hoi Lin, Dinnie
CE No.: AFL803
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 5 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 5 Regulated Activity

CE Name: LI Hoi Lin, Dinnie
CE No.: AFL803
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 5 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 5 Regulated Activity

CE Name: LAU Heung Wai
CE No.: AFX585
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 5 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 5 Regulated Activity

CE Name: LAU Heung Wai
CE No.: AFX585
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 5 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 5 Regulated Activity

CE Name: CHAN Yeung
CE No.: AKX956
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 5 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 5 Regulated Activity

CE Name: LUK Kam Wah
CE No.: ABL647
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 6 regulated activity, the licensee shall not advise on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission.
Condition Level: Type 6 Regulated Activity

CE Name: CHAN Sau Shan, Gary
CE No.: ACH777
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: WONG Chi Hung
CE No.: ACQ049
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee shall not advise on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission.
Condition Level: Type 6 Regulated Activity

CE Name: YOU Jingfeng
CE No.: ADK262
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee shall not advise on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission.
Condition Level: Type 6 Regulated Activity

CE Name: KWOK Chun Pong, Stephen
CE No.: ADR381
Licence Type: Licensed Representative 
Condition Removed:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters / transactions falling within the ambit of the Hong Kong Codes on Takeovers and Mergers and Share Repurchases issued by the Securities and Futures Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: LEE Hing Cheung, Eric
CE No.: ADX639
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: SHIH Shun Ching
CE No.: AEG459
Licence Type: Licensed Representative 
Condition Removed:
For Type 6 regulated activity, the licensee shall not advise on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission.
Condition Level: Type 6 Regulated Activity

CE Name: TANG Hing Sing
CE No.: AEN538
Licence Type: Licensed Representative 
Condition Removed:
For Type 6 regulated activity, the licensee shall only act as an agent for the listing of index tracking exchange traded funds under the management of Barclays Global Investors North Asia Limited pursuant to Chapter 20 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.  In acting as such agent, the licensee shall not advise on any listing that involves initial public offering contemplated under the Corporate Finance Adviser Code of Conduct.
Condition Level: Type 6 Regulated Activity

CE Name: TANG Hing Sing
CE No.: AEN538
Licence Type: Licensed Representative 
Condition Removed:
In performing any distribution functions for index tracking exchange traded funds under the management of Barclays Global Investors North Asia Limited prior to the listing of such funds, the licensee shall closely follow the distribution process adopted for iShares FTSE/Xinhua A50 China Tracker.
Condition Level: Type 6 Regulated Activity

CE Name: HUANG Dennis Chong
CE No.: AET356
Licence Type: Licensed Representative 
Condition Removed:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: CHAMBERLAIN Rupert Joseph
CE No.: AGD540
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: CHAMBERLAIN Rupert Joseph
CE No.: AGD540
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: CHAMBERLAIN Rupert Joseph
CE No.: AGD540
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: YU Chi Chiu, Andrew
CE No.: AGI481
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: YU Chi Chiu, Andrew
CE No.: AGI481
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: YU Chi Chiu, Andrew
CE No.: AGI481
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: GRIFFITHS Richard Alan
CE No.: AHJ440
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: GRIFFITHS Richard Alan
CE No.: AHJ440
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 6 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: HASEGAWA Yoshiaki
CE No.: AHT306
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee shall not advise on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission.
Condition Level: Type 6 Regulated Activity

CE Name: HASEGAWA Yoshiaki
CE No.: AHT306
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 6 regulated activity, the licensee shall not provide advice concerning compliance with or in respect of rules made by the Stock Exchange of Hong Kong Limited or the Commission under section 23 or 36 of the Securities and Futures Ordinance governing the listing of securities.
Condition Level: Type 6 Regulated Activity

CE Name: CHOW Mun Chung, Terence
CE No.: AHY906
Licence Type: Licensed Representative 
Condition Removed:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: TEOH Chia Wen
CE No.: AMR406
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: CHEN Yi-Ju
CE No.: AMS528
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: CHEN Hsueh-Fan
CE No.: AMS529
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: TSUI Alvin Chun Ming
CE No.: AMS882
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: YUEN Sze Wing Esther
CE No.: AMS885
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: LI Yuezhong
CE No.: AMX710
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: FONG Chi Keung, Johnson
CE No.: ANA245
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: WONG Leung Hei
CE No.: ANE750
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: WAN Chi Hang
CE No.: ANE890
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: CHEN Jiwen
CE No.: ANG364
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: PANG Chi Wai
CE No.: ANG967
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: LI Yan
CE No.: ANH061
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: LEUNG Fletcher Nai Ho
CE No.: ANH099
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: YANG Jinming
CE No.: ANH103
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: YANG Wenzhu
CE No.: ANH104
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: SONG Siqin
CE No.: ANH381
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: LEE Seung June
CE No.: ANH437
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: XU Lulu
CE No.: ANI751
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: MUTHUKRISHNAN Anupama
CE No.: ANI972
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: LUCHANGCO Eric Roberto Mirasol
CE No.: ANK080
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: SO Chung Yin, Willie
CE No.: ANK089
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: ZHANG Tingting
CE No.: ANK348
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: LIU Bei
CE No.: ANN276
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 6 Regulated Activity

CE Name: SHUM Wai Bill, Patrick
CE No.: AFB711
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 7 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 7 Regulated Activity

CE Name: CHENG Hoi Lok
CE No.: AAD231
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 8 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 8 Regulated Activity

CE Name: HIGGS Jeremy James
CE No.: AAA576
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person unless it is for hedging purpose only.
Condition Level: Type 9 Regulated Activity

CE Name: FUKUNAGA Masato
CE No.: AAZ157
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: TSOI Chi Kun
CE No.: ABH186
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not conduct business involving the discretionary management of any collective investment scheme.  The term "collective investment scheme" is as defined under the Securities and Futures Ordinance.
Condition Level: Type 9 Regulated Activity

CE Name: TSOI Chi Kun
CE No.: ABH186
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: TSOI Chi Kun
CE No.: ABH186
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LIU Shao Li
CE No.: ABV412
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall seek the Commission's prior approval before extending services at retail level.
Condition Level: Type 9 Regulated Activity

CE Name: CHIU Lai Ling, Shirley
CE No.: ABV702
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: KONG Wai Ching
CE No.: ACR770
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: KONG Wai Ching
CE No.: ACR770
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: KONG Wai Ching
CE No.: ACR770
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: KONG Wai Ching
CE No.: ACR770
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: HO Kwok Leung
CE No.: ACV096
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: HO Kwok Leung
CE No.: ACV096
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: TUNG Wai, Christina
CE No.: ADA755
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not conduct business involving the discretionary management of any collective investment scheme.  The term "collective investment scheme" is as defined under the Securities and Futures Ordinance.
Condition Level: Type 9 Regulated Activity

CE Name: TUNG Wai, Christina
CE No.: ADA755
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: TUNG Wai, Christina
CE No.: ADA755
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: BARKER Geoffrey Charles
CE No.: ADF374
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: LI Hoi Lin, Dinnie
CE No.: AFL803
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LI Hoi Lin, Dinnie
CE No.: AFL803
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: WONG Wai Yuen, Matthew
CE No.: AFV519
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LAU Heung Wai
CE No.: AFX585
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LAU Heung Wai
CE No.: AFX585
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: WANG Jinglin
CE No.: AGC942
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: NG Wing Sze, Grace
CE No.: AGW637
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: PANG Pui Yin, Thomas
CE No.: AIC881
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: TURLEY Francis Bernard
CE No.: AIL649
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: TURLEY Francis Bernard
CE No.: AIL649
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: FUJIWARA Shinya
CE No.: AIS240
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: CHEN Elinor Jui-Hung
CE No.: AJB940
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: CHEN Elinor Jui-Hung
CE No.: AJB940
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall seek the Commission's prior approval before extending services at retail level.
Condition Level: Type 9 Regulated Activity

CE Name: LING Jie
CE No.: AJD983
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must, in the capacity as a responsible officer in managing or supervising the management of portfolios containing futures contracts for another person, act under the advice of another responsible officer who is: 
(a)  licensed for the activity without any condition which prohibits him/her from providing a service of managing a portfolio of futures contracts for another person;
(b)  accredited to the principal concerned of the licensee in respect of the activity; and
(c)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: FORD John Michael Frederic
CE No.: AJE749
Licence Type: Licensed Representative 
Condition Removed:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: FORD John Michael Frederic
CE No.: AJE749
Licence Type: Licensed Representative 
Condition Removed:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: CHO Henry Kim
CE No.: AJF439
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: CHO Henry Kim
CE No.: AJF439
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: HUANG Gang
CE No.: AJH293
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: KERINS William Francis
CE No.: AJI695
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: CHEN Chien Chih
CE No.: AKX325
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licensee shall not provide a service of managing a portfolio of futures contracts for another person.
Condition Level: Type 9 Regulated Activity

CE Name: HEONG Wai Yin
CE No.: AKX664
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: HEONG Wai Yin
CE No.: AKX664
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 9 Regulated Activity

CE Name: HEONG Wai Yin
CE No.: AKX664
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 9 regulated activity, the licencee shall not provide investment advisory services or a service of managing a portfolio of securities/futures contracts for another person other than its affiliated companies.
Condition Level: Type 9 Regulated Activity

CE Name: WAN Mun Wah
CE No.: ALF372
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: FAN David Ching
CE No.: AMT939
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LUNDBERG Karl Andreas
CE No.: AMW551
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LI Yuezhong
CE No.: AMX710
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: TORRANCE Nicole Lisa
CE No.: AMX932
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LEE Miu Fan
CE No.: AMZ208
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: PARK Nam Seok
CE No.: ANA757
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: FLEMING Stephen Samuel
CE No.: ANA896
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: HAN Yiqiu
CE No.: ANC095
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: BOSTON Albert Edward
CE No.: ANH764
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: LI Andrew Sing-tsze
CE No.: ANK159
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: HALLIWELL Thomas Alan
CE No.: ANL835
Licence Type: Licensed Representative (Provisional Licence)
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect: 
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), 
whichever occurs earlier, unless the licensee has by that time passed the relevant recognised local regulatory framework paper(s) pursuant to the Guidelines on Competence issued by the Commission and informed the Commission of the examination result.
Condition Level: Type 9 Regulated Activity

CE Name: CHENG Tin Cheung
CE No.: AAW472
Licence Type: Licensed Representative 
Condition Added:
The licensee shall not handle client assets.  The term ˇ§client assetsˇ¨ is as defined under the Securities and Futures Ordinance.
Condition Level: Licence

CE Name: CHENG Tin Cheung
CE No.: AAW472
Licence Type: Licensed Representative 
Condition Added:
The licence holder shall not provide discretionary account services.
Condition Level: Licence

CE Name: LEE Sai Wah, Daniel
CE No.: ABP729
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect:
(i)  upon the licensee ceasing to act for or on behalf of his/her principal(s) in respect of that regulated activity; or
(ii)  6 months after the grant of the licence for carrying on that regulated activity (or any later date as the Commission may agree in writing), whichever occurs earlier, unless the licensee has by that time demonstrated to the satisfaction of the Commission that he has attended and completed a specialised course conducted by the Hong Kong Securities Institute in respect of securities dealing.

Condition Level: Licence

CE Name: KENT Wayne Graham
CE No.: AME389
Licence Type: Licensed Representative 
Condition Added:
The licensee shall not carry out the regulated activity(ies) in Hong Kong for more than 30 days in each calendar year and shall at all times be accompanied by a licensed person in performing the regulated activity(ies) in Hong Kong.
Condition Level: Licence

CE Name: KENT Wayne Graham
CE No.: AME389
Licence Type: Licensed Representative 
Condition Removed:
The licensee shall not carry out the regulated activity(ies) in Hong Kong for more than 30 days in each calendar year and shall at all times be accompanied by a licensed person in performing the regulated activity(ies) in Hong Kong.
Condition Level: Licence

CE Name: DE MAIO JR Thomas Vincent
CE No.: AML645
Licence Type: Licensed Representative 
Condition Added:
The licence is conditional upon no adverse comment on the licensee being subsequently received from the United States Securities & Exchange Commission.
Condition Level: Licence

CE Name: FLYNN Robert Michael
CE No.: ANE761
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
The licence is conditional upon no adverse comment on the licensee being subsequently received from the Japan Securities Dealers Association.
Condition Level: Licence

CE Name: AKAIWA Sumiyuki
CE No.: ANH760
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
The licence is conditional upon no adverse comment on the licensee  being subsequently received from the Japan Securities Dealers Association.
Condition Level: Licence

CONDITION VARIATIONS OF LICENSED PERSONS/REGISTERED INSTITUTIONS DURING 07/2006

CE Name: LEE Hing Cheung, Eric
CE No.: ADX639
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity, the licensee shall only engage in underwriting, sub-underwriting and placing of securities, and in dealing activities relating to transactions governed by the Hong Kong Codes on Takeovers and Mergers and Share Repurchases and the rules governing the listing of securities.
Condition Level: Type 1 Regulated Activity

CE Name: LEE Hing Cheung, Eric
CE No.: ADX639
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 6 regulated activity, the licensee must, in the capacity as an adviser to a client on matters/transactions falling within the ambit of the Codes on Takeovers and Mergers and Share Repurchases issued by the Commission, act together with another adviser (to the client) not subject to this condition.
Condition Level: Type 6 Regulated Activity

CE Name: LEUNG Ka Kueng, Gary
CE No.: AFH173
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity

CE Name: LEUNG Ka Kueng, Gary
CE No.: AFH173
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
For Type 2 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 2 Regulated Activity

CE Name: TSE Suk Yee, Bonnie
CE No.: AHF975
Licence Type: Licensed Representative 
Condition Removed:
For Type 1 regulated activity ("the activity"), the licensee must in his capacity as a responsible officer, when actively participating in or when directly supervising the business of the activity, do so under the advice of another responsible officer who is: 
(a)  accredited to the principal concerned of the licensee in respect of the activity; and
(b)  not subject to this condition.
Condition Level: Type 1 Regulated Activity