Securities and Futures Commission

Market Infrastructure

Hong Kong, Singapore Gear Up Reform in Asset Management Sector

By Manesh Samtani | 04/10/2018

Remi Toucheboeuf at BNP Paribas Securities Services sat down with Regulation Asia to talk about new opportunities for fund managers in Hong Kong and Singapore.

ESG / Sustainability

Hong Kong Lays Out Road Map for Green Finance Development

By Garima Chitkara | 24/09/2018

The SFC will require better environmental and climate risk disclosures by listed companies and asset managers, and will work with HKEX to promote green financial products.

Enforcement

SFC Fines Huatai Financial for Naked Short Selling

By Editors | 19/09/2018

Huatai Financial’s unintentional short sale of Great Wall Motor bonus shares in 2015 was as a result of inadequate systems and internal controls.

Capital / Liquidity

SFC Proposal to Restrict Margin Lending Threatens Brokers’ Survival – Report

By Garima Chitkara | 11/09/2018

LegCo member Christopher Cheung met with SFC chairman Carlson Tong to represent broker concerns on potential margin lending restrictions.

Market Infrastructure

FundForum: European Policy Impacts on APAC Asset Managers

By Manesh Samtani | 10/09/2018

MiFID II and GDPR have been the biggest European regulations to impact asset management firms in Asia, according to FundForum panellists last week.

Enforcement

HKMA Endorses Benefits of Cooperation

By Will Hallatt | 07/09/2018

The HKMA’s guidance note expressly signals its desire to encourage and facilitate cooperation in investigations and enforcement proceedings, noting time, cost and resource savings for the regulator and institutions or individuals concerned.

ESG / Sustainability

FundForum: Nurturing Growth in Hong Kong’s Asset Management Sector – SFC

By Manesh Samtani | 06/09/2018

The SFC’s Alexandra Yeong says Hong Kong has made great strides towards becoming a global centre for asset management.

AML / KYC

SFC Urges Licensed Firms To Strengthen AML/CFT Measures

By Editors | 03/09/2018

Hong Kong firms need to step up AML/CFT compliance keeping in mind deficiencies and gaps found during the regulator’s thematic reviews and on-site exceptions.

Fintech / Regtech

The Future of Equity Crowdfunding in Hong Kong

By Kristi Swartz | 29/08/2018

Equity crowdfunding may not have specific regulations in Hong Kong, but it is potentially subject to restrictions and barriers to entry under existing rules. Yet, there is room to work alongside regulators to develop and test new products in this market.