Securities and Futures Commission

AML / KYC

HKMA Ask Banks to Heed SFC Guidance on IPO Financing

By Sanday Chongo Kabange | 31/03/2025

Banks are directed to comply with new SFC guidance on IPO financing, particularly the investor identification requirement under FINI.

Securities / Derivatives

SFC Consults on Proposals to Streamline Regulatory Processes

By Sanday Chongo Kabange | 31/03/2025

For post-IPO matters, the SFC proposes a less disruptive alternative to suspension. For trading suspensions, applications for resumption will be processed more quickly

Crypto / Digital Assets

SFC Approves Launch of “World’s First” Tokenised Money Market ETF

By Manesh Samtani | 29/03/2025

HashKey and Bosera said the new ETFs will provide investors an instrument that “balances traditional stability with the agility and flexibility of digital assets”.

Enforcement

SFC Penalises Brokerage and MiC for Poor Margin Financing Controls

By Sanday Chongo Kabange | 25/03/2025

The SFC fined Enlighten Securities HKD 5 million and suspended its manager-in-charge for seven months.

Enforcement

SFC Suspends Former Securities Broker Over ‘Finfluencer’ Activities

By Mark Johnston | 24/03/2025

The former Tse’s Securities representative provided investment advice through a subscription-based chat group on Telegram he hosted without a licence.

Market Infrastructure

Hong Kong SFC Issues Further IPO Subscription Guidance

By Sanday Chongo Kabange | 21/03/2025

The SFC has directed licensed corporations to stop engaging in “imprudent and aggressive” IPO financing practices.

Enforcement

SFC Impose 14-Month Ban on Former Fund Manager

By Sanday Chongo Kabange | 21/03/2025

The SFC said the action is related to disciplinary actions against “other related entities” concerning the management of various private funds.

Crypto / Digital Assets

What’s Next for OSL? Gary Tiu Discusses Project Ensemble and the Future of Finance

By Nithya Subramanian | 19/03/2025

Gary Tiu, Head of Regulatory Affairs at OSL, discusses the firm’s role in Project Ensemble, its challenges, and the future of tokenised real-world assets.

Securities / Derivatives

SFC Issues Guidance on Resumption of Licensing Fee Collection

By Sanday Chongo Kabange | 18/03/2025

The SFC issued a quick guide and related FAQs to help the industry better manage matters related to annual licensing fee payment.