Securities and Futures Commission

Market Infrastructure

SFC, CSRC Announce Move to Expand Scope of Stock Connect

By Editors | 19/12/2022

After the expansion, Stock Connect is expected to include stocks that account for more than 80 percent of equity trading in each market.

Hong Kong Names Julia Leung as New SFC Chief

By Editors | 16/12/2022

Julia Leung will become CEO of the SFC on 1 January following Ashley Alder’s departure to become the UK FCA’s new chair.

Crypto / Digital Assets

Hong Kong to List First Crypto Futures ETFs on 16 Dec

By Editors | 15/12/2022

The ETFs are being launched by CSOP Asset Management, one linked to Bitcoin futures and the other to Ether futures traded on the CME.

Fintech / Regtech

HashKey, ZA International to Cooperate on Digital Assets

By Editors | 14/12/2022

The two groups will cooperate on digital assets, Web3 and DLT. ZA International recently unveiled plans to tokenise its ZA Coin.

Crypto / Digital Assets

SFC Issues Fresh Warning About Virtual Asset Risks

By Editors | 14/12/2022

The SFC warns that virtual asset platforms may on-lend customer assets or them in investment or other activities, which could potentially lead to a “total loss”.

AML / KYC

SFC Announces 20 March 2023 Launch Date for HKIDR

By Editors | 13/12/2022

The SFC has decided to “provide more time for the industry’s preparation” and has announced a 20 March 2023 launch date for the HKIDR.

AML / KYC

Hong Kong Legislative Council Passes AML/CTF Amendment Bill

By Manesh Samtani | 08/12/2022

New licensing regime for VASPs will start on 1 June 2023. New registration regime for precious metals dealers will start on 1 April 2023.

Crypto / Digital Assets

Three Firms Apply to Launch Crypto ETFs in Hong Kong

By Editors | 07/12/2022

Three fund managers have submitted applications to the SFC seeking approval to list ETFs in Hong Kong that invest in bitcoin and ether futures.

Securities / Derivatives

FSC Korea Unveils Plans to Disclose Names of Rule Breakers

By Editors | 06/12/2022

The FSC said disclosing the names of those who breach short selling rules or create market disturbances will create a deterrence effect and reduce illegal activities in capital markets.