Securities and Futures Commission

Enforcement

Hong Kong Top Court Reinstates Convictions in Convoy Fraud Case

By Sanday Chongo Kabange | 17/11/2025

Four former executives face restored sentences for a bond placement scheme, as regulators signal tougher oversight in the financial hub.

Hong Kong Reappoints SFC Chief Executive Julia Leung to 2027

By Sanday Chongo Kabange | 17/11/2025

The reappointment of Julia Leung aims to provide leadership continuity as the SFC advances market reforms, deepens ties with mainland China, and plans for succession.

Fintech / Regtech

Prescriptive Crypto Custody Rules May Create 'False Sense of Security'

By Manesh Samtani | 17/11/2025

Dea Markova, Director of Policy at Fireblocks, advocates for a technology-neutral 'defence in depth' approach over rigid hot and cold storage mandates.

Enforcement

SFC Fines Tung Tai Securities for Failing to Guard Against Fraud

By Sanday Chongo Kabange | 17/11/2025

The penalty follows a USD 3.3 million fraud where staff acted on bogus emails, ignoring multiple red flags and internal control failures.

Crypto / Digital Assets

Hong Kong Launches Live Pilot for Tokenised Deposits, Digital Assets

By Sanday Chongo Kabange | 14/11/2025

HKMA's new EnsembleTX project will test real-value settlement with major banks and asset managers, outlining a path to central bank money.

Securities / Derivatives

SFC Eases Client Interaction Rules for GBA Wealth Connect Scheme

By Sanday Chongo Kabange | 14/11/2025

The SFC has unveiled enhancements allowing one-off client consent and remote product discussions to improve the cross-boundary investment programme.

Crypto / Digital Assets

Hong Kong Issues Global Alerts for JPEX Crypto Fraud Suspects

By Sanday Chongo Kabange | 12/11/2025

Authorities prosecute 16 individuals and seek three alleged masterminds in the HKD1.6 billion virtual asset platform collapse.

Enforcement

Ex-SFC Official Faces New Charge in Market Manipulation Probe Leak

By Sanday Chongo Kabange | 11/11/2025

A former associate director of the SFC allegedly advised suspects on how to handle a market manipulation investigation, including destroying evidence.

Enforcement

Hong Kong SFC Secures First Jail Sentence for Finfluencer

By Sanday Chongo Kabange | 10/11/2025

A financial influencer has been imprisoned for six weeks for providing unlicensed investment advice on a paid Telegram group.