Registration Requirements

Corporate and individual intermediaries must register with the MPFA. To meet basic registration requirements, an applicant must:

• be supervised by one or more of the three financial regulatory regimes, namely the Monetary Authority regime, the Insurance Authority regime and the Securities and Futures Commission regime;
• pass an MPF intermediaries examination recognized by the MPFA (see MPF Intermediaries Examination);
• (in the case of a corporate applicant) designate an officer to be responsible for the supervision of the selling/advising activities of MPF schemes; and
• satisfy the MPFA that he or she is fit and proper to be registered as an MPF intermediary.

Details of the registration requirements can be found in the Guide to Registration as MPF Intermediaries.

Our Performance Pledge

Processing applications for registration as MPF corporate and individual intermediaries:
Pledge: Completion of registration within one month after receipt of all required information and documents.

Proof of Qualification

Each registered MPF intermediary is granted a unique registration number.  Their registration status and related particulars, including the intermediary's name, the company that is represented, the registration number and whether they are permitted to:

• sell MPF schemes without rendering specific investment advice;
• advise on securities;
• advise on insurance policies; or
• advise on securities and insurance policies,

can be checked under the public register maintained by the MPFA and available on this website.

For MPF individual intermediaries, they are required to print their registration numbers on their business cards to facilitate public verification of their MPF status.

Code of Conduct for MPF Intermediaries

The Code of Conduct for MPF Intermediaries aims to provide guidance in respect of the minimum standards of conduct applicable to MPF intermediaries with a view to promoting good and ethical practices in MPF selling/advising business. MPF intermediaries must comply with Code of Conduct for MPF Intermediaries when conducting MPF business.