CONDITION VARIATIONS OF LICENSED PERSONS/REGISTERED INSTITUTIONS DURING 02/2005

CE Name: Polaris Securities (Hong Kong) Limited
CE No.: ABZ023
Licence Type: Licensed Corporation 
Condition Removed:
For Type 1 regulated activity, the licensee shall not, in the capacity as a sole adviser to a client, advise on  matters/transactions falling within the ambit of the Hong Kong Codes on Takeovers and Mergers and Share Repurchases.
Condition Level: Type 1 Regulated Activity

CE Name: Polaris Securities (Hong Kong) Limited
CE No.: ABZ023
Licence Type: Licensed Corporation 
Condition Removed:
For Type 6 regulated activity, the licensee shall not, in the capacity as a sole adviser to a client, advise on  matters/transactions falling within the ambit of the Hong Kong Codes on Takeovers and Mergers and Share Repurchases.
Condition Level: Type 6 Regulated Activity

CE Name: K. L. Securities Company
CE No.: AAA022
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: J.P. Morgan Securities (Far East) Limited
CE No.: AAB026
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you have not yet applied for a licence and that they should consider collecting, or giving instructions to transfer, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.

Condition Level: Licence

CE Name: J.P. Morgan Securities (Far East) Limited
CE No.: AAB026
Licence Type: Licensed Corporation (Deemed Licence)
Condition Removed:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you have not yet applied for a licence and that they should consider collecting, or giving instructions to transfer, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.

Condition Level: Licence

CE Name: Ching Yick Company
CE No.: AAB453
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Mansion House Securities (F.E.) Limited
CE No.: AAB499
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you have not yet applied for a licence and that they should consider collecting, or giving instructions to transfer, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.

Condition Level: Licence

CE Name: Tai Chuen Securities Co.
CE No.: AAE062
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Cheong Lee Securities Co.
CE No.: AAE691
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Champion & Co.
CE No.: AAF289
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Ten & Ten Securities Company
CE No.: AAF378
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Honour Securities Company Limited
CE No.: AAF424
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: San Wan Yuan & Company
CE No.: AAI212
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Sun Tai Cheung Credits Limited
CE No.: AAS957
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Oriental Stocks & Shares (Investment) Co.
CE No.: ABA910
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: China Nonferrous Metals Securities Company Limited
CE No.: ABB055
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Century City Securities Limited
CE No.: ABN585
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: ASG Brokerage Limited
CE No.: ABY539
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Audrey Chow Securities Limited
CE No.: ABZ267
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you have not yet applied for a licence and that they should consider collecting, or giving instructions to transfer, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.

Condition Level: Licence

CE Name: Audrey Chow Securities Limited
CE No.: ABZ267
Licence Type: Licensed Corporation (Deemed Licence)
Condition Removed:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you have not yet applied for a licence and that they should consider collecting, or giving instructions to transfer, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.

Condition Level: Licence

CE Name: Grand Securities Company Limited
CE No.: ACQ457
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Grand Onward Securities Limited
CE No.: ACT174
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Celestial Finance Limited
CE No.: ACU029
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Asia Financial Pacific (Securities) Limited
CE No.: ACY280
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Koffman Securities Limited
CE No.: ADJ331
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: CU Resources Limited
CE No.: ADK336
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: CU Securities Limited
CE No.: ADQ694
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: Yardley Finance Limited
CE No.: AEA889
Licence Type: Licensed Corporation (Deemed Licence)
Condition Added:
With immediate effect and until such time as you may apply for a licence (if at all) under section 116 of the Securities and Futures Ordinance:
1. You will take steps to notify your clients in writing that you will not apply for a licence and that they should collect, or give instructions for the transfer of, their securities and cash before 1 April 2005;
2. You will agree arrangements with the Commission for the return of client assets prior to 1 April 2005;
3. As regards unclaimed client assets, you will apply to pay these into court under the Trustee Ordinance by 1 April 2005 or you will formulate and implement to the satisfaction of the Commission an alternative action plan for the safekeeping of these client assets.


Condition Level: Licence

CE Name: HUI Lai Fong
CE No.: AAB492
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: HUI Lai Fong
CE No.: AAB492
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: MURATA Yasuhito
CE No.: AAC416
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: MURATA Yasuhito
CE No.: AAC416
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: NGAN Man Kit
CE No.: AAV957
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: LI Sek Fu
CE No.: AAX343
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: HONG Hui Lung, Terence
CE No.: ACA025
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
The licensee shall only carry on the regulated activity of dealing in securiites in relation to corporate finance.
Condition Level: Type 1 Regulated Activity

CE Name: HONG Hui Lung, Terence
CE No.: ACA025
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: HONG Hui Lung, Terence
CE No.: ACA025
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: LEUNG See Charm, Eugene
CE No.: ACC557
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: SHUM Kwok Fai
CE No.: ACP470
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: SHUM Kwok Fai
CE No.: ACP470
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: HAU Ip Ying
CE No.: ACW179
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: HAU Ip Ying
CE No.: ACW179
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: MAK Hau Lin
CE No.: ACW654
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: MAK Hau Lin
CE No.: ACW654
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: SZE Chun Hong, Albert
CE No.: ADG965
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
The licensee shall only engage in dealing activities incidental to the marketing and distribution of unit trusts, mutual funds and such other securities products.
Condition Level: Type 1 Regulated Activity

CE Name: YAU Sheung Kam
CE No.: ADJ799
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: YAU Sheung Kam
CE No.: ADJ799
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: CHUANG Yue Chie
CE No.: ADM592
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: CHUANG Yue Chie
CE No.: ADM592
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: LI Yuk Keung, Brian
CE No.: AEC983
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: CHOU Shi Chung
CE No.: AEJ620
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: CHAN Chi Kin
CE No.: AEK244
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Chi Kin
CE No.: AEK244
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: CHING Kerry Kim Wai
CE No.: AFF128
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: LI Weigang
CE No.: AFQ020
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Yau Yim
CE No.: AGO991
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: ALEXANDER Michael Lewis
CE No.: AGR372
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: ALEXANDER Michael Lewis
CE No.: AGR372
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: LORD II John Wesley
CE No.: AHA448
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: CHOI Suk Hing, Louisa
CE No.: AHJ599
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: CHOI Suk Hing, Louisa
CE No.: AHJ599
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: COULTAS Jonathan William
CE No.: AIF071
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: COULTAS Jonathan William
CE No.: AIF071
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: WAN Ngai Lo, Wanda
CE No.: AIR288
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: SIM Chi Yan
CE No.: AJK668
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: WANG Hsiang Sheng
CE No.: AKI219
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: CHAMPAGNE Jean-Marc Beaugrand
CE No.: AKJ299
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: MORRIS Lyndon James
CE No.: AKO901
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 Chiu Mo
CE No.: AKP391
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: YAN Cleo Sheung Ngar
CE No.: AKW688
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: BIRD John David
CE No.: AKY461
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: BIRD John David
CE No.: AKY461
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: CHANG Michael
CE No.: ALA654
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Yu
CE No.: ALA699
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: HE Junmeng
CE No.: ALB056
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: SHUK Lap
CE No.: ALB297
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Ching-shun
CE No.: ALB301
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 1 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Kok Liang, Mark
CE No.: ALC180
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: WAT Wai Kuen, Carpenter
CE No.: ALD145
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: AYERS Annabel Lucy
CE No.: ALE927
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: SANYAL Bratindra Saran
CE No.: ALF293
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: DHINGRA Amit
CE No.: ALF361
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: YUAN Weibin
CE No.: ALG238
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: ZHU Feifei
CE No.: ALG446
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: LIU Gillian Ching Wan
CE No.: ALG537
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: YUNG Wing Sze
CE No.: ALH730
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: CHESSON Shane James
CE No.: ALH990
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: TAO Wei Vivian
CE No.: ALI020
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) on 11 May 2005 (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: DE BRUIJCKERE Marcel Johan
CE No.: ALI118
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: WANG Yu
CE No.: ALI552
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: KEH Joanna J
CE No.: ALK021
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 Ying Wai, Sophie
CE No.: ALK689
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: DOYLE Michael Patrick Mccabe
CE No.: ALL152
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: PLIMACK Andrew Michael
CE No.: ALL240
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: CHIU Hin Fung, Sherman
CE No.: ALL685
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: MINCER Nadine
CE No.: ALL885
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: KRASSEK Ian Seth
CE No.: ALN096
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: TAM Wai Man, Grace
CE No.: ALN365
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 Kei Chi
CE No.: ALN804
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: LIM Ning
CE No.: ALN989
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: LAM Wing Kai
CE No.: ALO182
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: SE Yung Yee, David Carven
CE No.: ABL977
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: SE Yung Yee, David Carven
CE No.: ABL977
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: CHAN Cheong Yung
CE No.: ABX160
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 Cheong Yung
CE No.: ABX160
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: LO Tak Fat, Ricky
CE No.: ACL682
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: LO Tak Fat, Ricky
CE No.: ACL682
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: LO Ting Chi, Jennifer
CE No.: AFA207
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: LO Ting Chi, Jennifer
CE No.: AFA207
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: ALEXANDER Michael Lewis
CE No.: AGR372
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: ALEXANDER Michael Lewis
CE No.: AGR372
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: CHOI Joonho, Michael
CE No.: AIR631
Licence Type: Licensed Representative 
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: CHOI Joonho, Michael
CE No.: AIR631
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: CHAMPAGNE Jean-Marc Beaugrand
CE No.: AKJ299
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: HO Chiu Mo
CE No.: AKP391
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: CHAN Wai Hong
CE No.: AKY160
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: BIRD John David
CE No.: AKY461
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: BIRD John David
CE No.: AKY461
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: YANG Ching-shun
CE No.: ALB301
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 2 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Wai
CE No.: ALD510
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: AYERS Annabel Lucy
CE No.: ALE927
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: YUAN Weibin
CE No.: ALG238
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: LIU Gillian Ching Wan
CE No.: ALG537
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: KEH Joanna J
CE No.: ALK021
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: PLIMACK Andrew Michael
CE No.: ALL240
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: NG Kei Chi
CE No.: ALN804
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: LAM Wing Kai
CE No.: ALO182
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 Cheong Hei, Darrin
CE No.: ABM073
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: TANG Hon Wah
CE No.: AFD350
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: CHAN Sau Kuen
CE No.: AFU450
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: CHAN Pang Tang
CE No.: AGK821
Licence Type: Licensed Representative 
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: MAK Ho Pui, Esther
CE No.: AHK231
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: LI Wai Ming
CE No.: AJE758
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: LO Kai Chung
CE No.: AJN343
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: LI Chun Kei
CE No.: AKJ732
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: CHAN Fung
CE No.: ALI762
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: CHAN Wang Tat
CE No.: AAV867
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 Wang Tat
CE No.: AAV867
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: LI Sek Fu
CE No.: AAX343
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: TODER Jeffrey
CE No.: ABP247
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 See Charm, Eugene
CE No.: ACC557
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: LAW Sheung Pui
CE No.: ADW206
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: LAW Sheung Pui
CE No.: ADW206
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: TONG Tak Yu
CE No.: AFB892
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: CHENG Ka Yee
CE No.: AFE070
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: CHENG Ka Yee
CE No.: AFE070
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: LAI Ming Fung
CE No.: AGC971
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: LAI Ming Fung
CE No.: AGC971
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: LIU Lai Kuen, Linda
CE No.: AGJ397
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: LIU Lai Kuen, Linda
CE No.: AGJ397
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: FUNG Wai Lin
CE No.: AGJ531
Licence Type: Licensed Representative - Responsible Officer 
Condition Added:
For Type 4 regulated activity, the licensee shall not advise on securities other than unit trusts and mutual funds.
Condition Level: Type 4 Regulated Activity

CE Name: FUNG Wai Lin
CE No.: AGJ531
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: FUNG Wai Lin
CE No.: AGJ531
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: CHOY Hok Man
CE No.: AGP509
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: LORD II John Wesley
CE No.: AHA448
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: TAN Edna Lorraine
CE No.: AIR089
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: TAN Edna Lorraine
CE No.: AIR089
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 To
CE No.: AJD686
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: LIU Cheng
CE No.: AJM338
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Cheng
CE No.: AJM338
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: WANG Hsiang Sheng
CE No.: AKI219
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: RICKARDS David George Edward
CE No.: AKJ004
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: RICKARDS David George Edward
CE No.: AKJ004
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: HO Chi Lai
CE No.: AKT430
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: YAN Cleo Sheung Ngar
CE No.: AKW688
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: BIRD John David
CE No.: AKY461
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: BIRD John David
CE No.: AKY461
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: YUEN Nga Yan
CE No.: AKY472
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: LUK On Pak, Albert
CE No.: ALA284
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: SONG Yu
CE No.: ALA699
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: CHIEW Bee Geok Alina
CE No.: ALA864
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Wai Ying
CE No.: ALA938
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Kok Chi
CE No.: ALB191
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 4 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: CHUNG Wai Yan
CE No.: ALB466
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: BAO Lihua
CE No.: ALB720
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 Yan Chun
CE No.: ALB973
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 Xin
CE No.: ALC116
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: TAN Kok Liang, Mark
CE No.: ALC180
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: SANYAL Bratindra Saran
CE No.: ALF293
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: CHAN George Yee Lee
CE No.: ALG050
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: DE BRUIJCKERE Marcel Johan
CE No.: ALI118
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: CHUA Siong Khim
CE No.: ALI262
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: SU Randy Eric Dien Hong
CE No.: ALI353
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: DEWBERRY Paul Robert
CE No.: ALI718
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: BIRO Sophie Valerie Louba
CE No.: ALK025
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: YUIHAMA Hirokazu
CE No.: ALK263
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 Ye
CE No.: ALK520
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 Hsin-Ling
CE No.: ALL027
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: CHIU Hin Fung, Sherman
CE No.: ALL685
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 Ka Chun
CE No.: ALN102
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: TAM Wai Man, Grace
CE No.: ALN365
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 Tik Hong
CE No.: ALN638
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: DUNN Wai See, Yvonne
CE No.: ALO046
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: MOK Yuk King, Carmen
CE No.: ALO502
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: HUI Chin Ki
CE No.: AFC151
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: CHING Kerry Kim Wai
CE No.: AFF128
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: DE BRUIJCKERE Marcel Johan
CE No.: ALI118
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: WOO Ping, Peter
CE No.: AAC289
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: CHOU Shi Chung
CE No.: AEJ620
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: CHOU Shi Chung
CE No.: AEJ620
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: HEINE Christopher Wilfried
CE No.: AFD205
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: LI Weigang
CE No.: AFQ020
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Man Tat
CE No.: AFQ229
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: LEUNG Man Tat
CE No.: AFQ229
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: CHOI Suk Hing, Louisa
CE No.: AHJ599
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: CHOI Suk Hing, Louisa
CE No.: AHJ599
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: CHANG Michael
CE No.: ALA654
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: HE Junmeng
CE No.: ALB056
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 6 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: DHINGRA Amit
CE No.: ALF361
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: ZHU Feifei
CE No.: ALG446
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: CHESSON Shane James
CE No.: ALH990
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: LAU Kit Ling
CE No.: ALI074
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: BI Lin Yi
CE No.: ALI328
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 Shan
CE No.: ALI376
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: CHAN Ying Wai, Sophie
CE No.: ALK689
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: NG Evelyn Yee-Ling
CE No.: ALK998
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: EVANS John Michael
CE No.: ALL687
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: SEETOH Lin Yoke
CE No.: AAK414
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: SEETOH Lin Yoke
CE No.: AAK414
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: CHAN Wang Tat
CE No.: AAV867
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: CHAN Wang Tat
CE No.: AAV867
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: CHAN Wang Tat
CE No.: AAV867
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: LUI Si Wai, Alice
CE No.: ABH816
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: LEUNG See Charm, Eugene
CE No.: ACC557
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: NG Siu Mui
CE No.: ACR889
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: NG Siu Mui
CE No.: ACR889
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: SZE Tung
CE No.: AEM501
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: SZE Tung
CE No.: AEM501
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: CHUNG Francis Chuan-pu
CE No.: AEU334
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: TONG Tak Yu
CE No.: AFB892
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: CHING Kerry Kim Wai
CE No.: AFF128
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: LEUNG Man Tat
CE No.: AFQ229
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: CHAN Ngok Yan, Elton
CE No.: AGA656
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: LAI Ming Fung
CE No.: AGC971
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: LAI Ming Fung
CE No.: AGC971
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: LAI Ming Fung
CE No.: AGC971
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: SALTON Andrew Charles
CE No.: AHF974
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: SALTON Andrew Charles
CE No.: AHF974
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: WAN Ngai Lo, Wanda
CE No.: AIR288
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: CHAN Suet Mei, Jane
CE No.: AIT077
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: CHAN Suet Mei, Jane
CE No.: AIT077
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: LIU Cheng
CE No.: AJM338
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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 Cheng
CE No.: AJM338
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: FUNG Suet Chung
CE No.: AKS956
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: CHAN Wing Kwong
CE No.: AKS958
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: HO Chi Lai
CE No.: AKT430
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: YAN Cleo Sheung Ngar
CE No.: AKW688
Licence Type: Licensed Representative 
Condition Removed:
This licence, in relation to Type 9 regulated activity, shall lapse and cease to have effect 6 months after the grant of the licence for carrying on that regulated activity (or on such later date as the Commission may agree in writing), unless the licensee has by that time passed one of the relevant recognized local regulatory framework papers 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: CHUNG Wai Yan
CE No.: ALB466
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: SANYAL Bratindra Saran
CE No.: ALF293
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: SPECIALE Mark Phillip
CE No.: ALF648
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: CHAN George Yee Lee
CE No.: ALG050
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: DE BRUIJCKERE Marcel Johan
CE No.: ALI118
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: SU Randy Eric Dien Hong
CE No.: ALI353
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: TAM Wai Man, Grace
CE No.: ALN365
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: CHEUNG Wah Fung, Christopher
CE No.: AAE131
Licence Type: Licensed Representative - Responsible Officer 
Condition Removed:
This licence is only valid for a period of 3 month(s) from the date of licence granted.
Condition Level: Licence

CE Name: YI Un Ho
CE No.: ALH877
Licence Type: Licensed Representative (Provisional Licence)
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