Our webinar, “Assessment of Single Family Office for Corporate Professional Investors”, hosted an in-depth discussion on changes to guidance from the Securities and Futures Commission (SFC) issued in August 2020 that facilitate the treatment of single family offices run by experienced professionals as corporate professional investors (CPI). These changes have the potential to significantly improve the client experience for these family offices at a time when family offices overall are becoming an ever more important segment of the private wealth management industry client base.

In the panel discussion, our speakers examined what changes have been made and the impact on family offices.  They also shared how banks are adjusting their internal procedures and policies in determining whether their client can qualify as CPI.