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Regulatory Requirement | 12 Months Ended
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Apr. 30, 2023
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Regulatory Requirement |
33. | REGULATORY REQUIREMENT
The Company’s insurance brokerage subsidiary, AMTD RSG, is subject to the Hong Kong Insurance Ordinance, which requires the maintenance of minimum paid-up share capital and net assets of HK$100 all the times before January 1, 2022 and HK$300 all the times starting from January 1, 2022 onwards. At April 30, 2022 and 2023, AMTD RSG was in compliance with this requirement.

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