Under the Pilot Patent Valuation Support Scheme (the “Scheme”) by the HKSAR Government, CFA Society Hong Kong (the “Society”) is named in the draft Guidelines for Quantitative IP Valuation Reports (the “Guidelines”) as one of the professional bodies responsible for maintaining a list of designated valuation service providers (the "Listees").
To be eligible for this list of designated valuation service providers, you must:
- be an active CFA charterholder and holds an active membership at CFA Society Hong Kong;
- have at least three (3) years of experience valuing intangible assets as defined in IVS 210;
- be in good standing with CFA Institute and the Society, with no history of professional misconduct; and
- carry on business in Hong Kong by providing valuation services for properties (including but not limited to IP assets), or provide valuation services through a firm or company that does so.
How to Apply
- Send a CV and a completed Application Form (download HERE) to info@cfahk.org, with email subject "Application for Listing of Designated Valuation Service Providers", setting out your relevant valuation experience, together with any public track record demonstrating adherence to IVS 210.
- Much valuation work is confidential, and its absence will not count against an otherwise strong application.
Review Procedures
- Applications will be assessed by a dedicated committee, composed of the Society’s Board of Directors and experienced IP valuation service providers.
- Successful applicants will be notified of the outcome in writing.
- The published list will show the Listees' name only; neither firm names nor membership details will appear.
Ongoing Obligations
Once listed, a Listee would complete an annual renewal confirming the individual's:
- continued standing;
- continued Hong Kong practice;
- completion of continuing training; and
- that the Listee will assess independence for each engagement.