Securities and Futures Commission

Structural Regulation

Hong Kong Extends Tax Exemption for Offshore Funds

By Editors | 13/06/2015

The Hong Kong Government has extended its offshore funds tax exemption, allowing investments in private companies to qualify and loosening other restrictions.

Supervision & Enforcement

SFC Proposes Legislative Change to Increase Cross-Border Regulatory Assistance

By Editors | 05/06/2015

The SFC is proposing legislative amendments which would give it discretion to provide supervisory assistance to regulators outside Hong Kong.

Trading & Investment

Hong Kong Regulator Reprimands BNP for Unreported Cross Trades

By Editors | 02/06/2015

The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Securities (Asia) Limited HK$11 million for failing to report more than HK6 billion of cross trades over a 10-year period.

Structural Regulation

China to Start Cross-Border Mutual Fund Scheme with Hong Kong on July 1

By Editors | 22/05/2015

From July, funds from Hong Kong and China can be sold in each other’s markets, after regulators officially endorsed the launch of the much-awaited mutual fund recognition scheme.

Trading & Investment

Hong Kong Bans Retail Investors from Dark Pool Trading

By Editors | 15/05/2015

The Securities and Futures Commission (SFC) has banned individual investors from trading in dark pools as a result of industry consultation on how to improve regulation of the alternative trading venue.

Market Abuse

Hong Kong’s SFC Says Will Be On Guard for Market Manipulation

By Editors | 12/05/2015

Securities and Futures Commission would watch market activity closely to ensure against market manipulation amid a surge in trading volume.

Trading & Investment

Shenzhen Stock Connect May Include ChiNext Shares

By Editors | 10/03/2015

Hong Kong’s upcoming cross-border stock trade with Shenzhen will include stocks on the high-growth small and medium enterprise (SME) board, and also possibly stocks listed on ChiNext, a NASDAQ-style board.

Conduct, Culture & Accountability

Hong Kong’s SFC Issues Norms for Investors on Company Ownership

By Editors | 02/03/2015

The Securities and Futures Commission (SFC) has released new norms on responsible company ownership by investors, urging them to have clear policies on voting and managing conflicts of interests.

Trading & Investment

Hong Kong’s SFC Sees Robust Cross-Border Funds Exchange

By Editors | 26/02/2015

The Securities and Futures Commission expects about 600 Hong Kong and mainland Chinese funds to participate in a cross-border offering of funds that will be launched soon.