Exam focus
Additional competence paper for Type 6 individuals engaging in sponsor work as representatives or relevant individuals.
Who this helps
- - Sponsor representative candidates
- - Corporate finance analysts and associates
- - IPO execution teams
- - Compliance teams checking sponsor staff files
Why this matters
- - HKSI identifies Paper 16 as an additional paper for representatives engaging in sponsor work.
- - Sponsor representative work should be connected to actual due diligence, listing-rule, disclosure, and transaction evidence.
- - Paper 16 is additional to the Type 6 route; it does not replace Paper 7/11 or local regulatory paper analysis.
Study map
Sponsor representative workflow
- - Study sponsor work as execution evidence: document review, management interviews, due diligence records, issue escalation, verification notes, and drafting support.
- - Connect the paper to how the candidate's work is supervised by sponsor principals and responsible officers.
People file
- - Keep Paper 16 with Paper 1, Papers 7/11, role description, deal list, supervisor details, and training evidence.
- - Document whether the person is a sponsor representative, ordinary Type 6 representative, or both.
Licensing tie-in
- - Paper 16 supports additional sponsor representative competence analysis.
- - The individual still needs Type 6 licensing or relevant-individual context through the accredited principal.
- - Sponsor team evidence should show supervision, review, conflicts, and due-diligence recordkeeping.
Booking and sponsorship
- - Use HKSI's official LE overview for current Paper 16 syllabus, MCQ count, duration, and schedule.
- - Use SFC competence materials to check sponsor representative requirements and exemptions.
- - Keep pass evidence with sponsor appointment, transaction role, and supervision notes.
Verify before studying
- - Whether the candidate will perform sponsor work or ordinary corporate finance advice.
- - Whether the person also needs Paper 11, Paper 15, or Paper 17 analysis.
- - Whether the firm has sponsor systems and named sponsor principals supervising the work.
Common mistakes
- - Assuming Paper 16 alone creates Type 6 or sponsor status.
- - Failing to record the candidate's actual transaction role and supervision.
- - Ignoring takeovers/share buy-back Paper 17 where the work includes those matters.
Disclaimer
Information on LicenseCompare is for general educational purposes only and does not constitute legal, regulatory, financial, tax, investment, or professional advice. Licensing requirements depend on facts and change over time. Always consult official regulator materials and qualified professional advisers.