Securities and Futures Commission

Market Infrastructure

HKMA Considers How Banks Will Support Stock Trading During Typhoons

By Sanday Chongo Kabange | 21/11/2023

Banks would need to upgrade their systems to cope with a “potential new clearing arrangement for cheque payments”.

Securities / Derivatives

HKEX to Implement Position Limit Changes on 22 December

By Editors | 21/11/2023

The enhancements will boost the vibrancy and attractiveness of Hong Kong’s markets, said HKEX’s said Wilfred Yiu.

Market Infrastructure

HKMA Updates Margin Financing Guidance Ahead of FINI Launch

By Editors | 19/11/2023

The revised SPM module provides further guidance on a “holistic approach to risk management” of share margin financing.

Enforcement

SFC Obtains Orders Against Ex-Chairman for Fraudulent Share Scheme

By Mark Johnston | 16/11/2023

Former chairman disqualified for 10 years from holding any directorial or managerial position in Hong Kong and fined for fraudulent share scheme.

AML / KYC

SFC Issues Updated AML/CFT Self-Assessment Checklist

By Editors | 15/11/2023

The updated checklist incorporates the May revisions to the SFC’s existing AML/CFT guideline, including to apply additional questions on virtual asset activities.

Capital / Liquidity

SFC Issues Guidance on IPO Services Ahead of FINI Launch

By Editors | 09/11/2023

The SFC outlines risk management considerations for licensed corporations offering IPO services ahead of HKEX’s launch of a new IPO settlement platform.

Crypto / Digital Assets

Investor Protection is Key to Singapore, Hong Kong Crypto Regulations

By Nithya Subramanian | 08/11/2023

As Singapore and Hong Kong regulators navigate the fast-changing digital assets landscape, investor protection takes centerstage.

Crypto / Digital Assets

SFC Awards Licences to HK Unit of Swiss Crypto Bank, SEBA

By Manesh Samtani | 08/11/2023

The licences allow SEBA Hong Kong to deal in, advise on, and conduct asset management for traditional securities and virtual assets.

Crypto / Digital Assets

SFC Issues Rules for Tokenised Securities and Investment Products

By Manesh Samtani | 03/11/2023

Tokenised securities have to meet the same requirements as traditional securities. Primary dealing of tokenised investment products will be allowed.