Securities and Futures Commission

Securities / Derivatives

HK Brokers Face Cost Squeeze from Cybersecurity Guidelines

By JP Reimann | 30/10/2017

Brokers will be required to use 2FA for client log-ins; implement raft of new measures including management responsibility, stress tests.

Capital / Liquidity

Here’s Sand in Your Eye

By Karen Chiu | 26/10/2017

**Why fintech (financial technology) sandboxes aren’t necessarily the child’s play they’ve been made out to be by banks and disrupters alike.
**

Market Infrastructure

Hong Kong Extends After-hours Index Futures Trading

By Editors | 23/10/2017

From 6 November, trading in mini and full versions of HSI and HSCEI index futures will be extended to 1am Hong Kong time.

Market Infrastructure

10,000 Individuals Register Under Hong Kong MIC Regime

By Editors | 19/10/2017

About 40% of individuals to have registered under MIC so far are unlicensed as they are in charge of operations or control functions, SFC says.

AML / KYC

Hong Kong-China to Share Stock Connect Broker, Trader Names

By Editors | 11/10/2017

SFC chief says move will enhance market transparency and surveillance, and improve efficiency in cracking down on malpractice.

AML / KYC

HKMA Launches Smart Banking Initiative Including Enhanced Sandbox

By Samuel Riding | 29/09/2017

In addition to the enhanced sandbox, HKMA will also work on a new payment system, minimising regulatory friction in onboarding and other services.

Enforcement

HK Regulator Seals 1st Conviction of Unlicensed Offshore Brokerage

By Editors | 25/09/2017

ETrade HK advertised its services for four years without a license; SFC says successful prosecution a 1st for the offence.

Securities / Derivatives

Dual Share Victory Doesn’t Guarantee HKEX the Last Laugh

By Peter Guy | 19/09/2017

The power struggle between HKEX and the SFC is over. The ultimate outcome is still uncertain.

Securities / Derivatives

HK SFC Inquiries Reveal Fund Managers’ Best Execution Failings

By Samuel Riding | 18/09/2017

Investigations of about 250 firms including subsidiaries of US and EU players also find weaknesses in avoiding conflicts of interest and liquidity management.