The Mandatory Provident Fund Authority (MPFA) board approved six sets of guidelines outlining criteria and licence application procedures for scheme service providers.
The guidelines are the first batch of their kind to be issued yesterday by the MPFA.
MPFA chairman Charles Lee Yeh-kwong said the guidelines would soon be made available.
The proposed Mandatory Provident Fund (MPF) scheme, expected to be launched in October 2000, will cover 300,000 companies in Hong Kong which employ 2.2 million people and do not have an existing pension scheme.
The guidelines cover applications to be trustees for the MPF scheme, specifying the forms for application and the information and documents to be submitted.
They are also related to applications for registration of retirement schemes, including tailor-made schemes for specified employers and pooled retirement schemes.
The guidelines also cover criteria and requirements relating to custodians of MPF assets, MPF approved funds and eligible insurers providing insurance cover for registered MPF schemes.