Securities and Futures Commission

Market Infrastructure

HKEX May Allow Market to Remain Open During Typhoons

By Editors | 12/05/2023

A working group from HKEX and the HKMA is reportedly drafting a plan to allow trading to continue as normal during typhoons and rainstorms.

Market Infrastructure

Regulators Announce 15 May Launch Date for Swap Connect

By Editors | 06/05/2023

Swap Connect will allow overseas investors to trade in Mainland interest rate swap contracts on CFETS via Tradeweb and Bloomberg.

Enforcement

Former CITIC Bank Exec Engaged in Insider Dealing, SFC Says

By Editors | 04/05/2023

The former executive of China CITIC Bank International made HK$3mn from using inside information to trade shares of Bloomage BioTechnology Corporation.

Enforcement

HK Court Freezes Assets of Former Morgan Stanley Manager

By Editors | 03/05/2023

The former manager used inside information from a deal Morgan Stanley was advising on to generate HK$4.2mn in profits for herself and a friend.

ESG / Sustainability

SFC Commits to Reaching Carbon Neutrality by 2050

By Editors | 27/04/2023

The SFC will make periodic disclosures on the status of its carbon reduction efforts and progress towards meeting its climate targets, said CEO Julia Leung.

Enforcement

SFC Bans Another Ex-Convoy Licensee Over Manipulation Scheme

By Editors | 26/04/2023

Peter Law convinced clients to buy and hold a stock that was being manipulated by collaborators in exchange for a commission.

ESG / Sustainability

GBA Green Finance Alliance Launches Technology Working Group

By Editors | 25/04/2023

At a meeting hosted by the HKGFA, the Alliance launched a technology working group and unveiled plans to form another working group focused on transition finance.

ESG / Sustainability

HKEX: Climate-related Disclosures to Become Mandatory in 2024

By Manesh Samtani | 16/04/2023

New rules aligned with the TCFD recommendations and the ISSB Climate Standard will become effective in January 2024.

Crypto / Digital Assets

Hong Kong Doubles Down on Pledge to Develop Web3

By Editors | 13/04/2023

Financial Secretary Paul Chan said crypto market volatility provides an opportunity for Web3 development. SFC official said DeFi platforms require licensing.