Securities and Futures Commission

    AML / KYC

    Hong Kong, Singapore Authorities Arrest 10 in Joint Operation

    By Manesh Samtani | 16/12/2021

    Six senior executives of Hong Kong listed companies were among those arrested, for operating a cross-border pump-and-dump manipulation scheme.

    ESG / Sustainability

    HK to Enhance Mainland Connection via Stock Connect, Carbon Market

    By Sanday Chongo Kabange | 15/12/2021

    The SFC is seeking to align Hong Kong’s trading days with the mainland, add more securities to Stock Connect, and establish a cross-border carbon market.

    Securities / Derivatives

    SFC Set to Launch Digital Licensing Platform on WINGS

    By Editors | 15/12/2021

    New electronic licensing forms for licence applications, annual returns, notifications and regulatory filings are to be submitted through WINGS from 3 January.

    Securities / Derivatives

    SFC Sets Out Rules for Quarantine-free Travel to Mainland

    By Manesh Samtani | 14/12/2021

    Staff or directors of licensed corporations whose main purpose of travel is for the management of the firm’s Mainland business are eligible.

    Securities / Derivatives

    China to Restrict Use of VIE Structures for Foreign IPOs

    By Manesh Samtani | 10/12/2021

    The blacklist is expected to target new companies in sensitive sectors that use VIE structures to run their China businesses.

    Crypto / Digital Assets

    Mapping Out How Decentralised Exchanges Can be Regulated

    By Kristi Swartz | 07/12/2021

    An appropriate regulatory regime that safeguards investors and fosters innovation will allow society to benefit from DEXs and DeFi generally, says DLA Piper’s Kristi Swartz.

    Enforcement

    Hong Kong SFC Imposes Lifetime Ban on Former Licensee

    By Editors | 06/12/2021

    The former licensee offered to invest for two students he taught, and then misappropriated their funds for his personal use.

    Enforcement

    SFC Bans Former Private Banker Over False Academic Qualifications

    By Editors | 01/12/2021

    The SFC considers the former relationship manager to not be fit and proper as her conduct was “plainly dishonest”.

    ESG / Sustainability

    Hong Kong SFC Targets Adoption of Global ESG Standards

    By Manesh Samtani | 01/12/2021

    Chairman Tim Lui says the SFC is currently evaluating ESG disclosures “much more closely” and looking for more ways to reduce opportunities for greenwashing.

    Enforcement

    Hong Kong SFC Investigates Ramp-and-Dump Scam

    By Editors | 29/11/2021

    Restriction notices have been sent to two brokerage firms prohibiting them from dealing in assets worth HK$312mn held across 17 trading accounts.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.