SECURITIES AND FUTURES COMMISSION

Ashley Alder Appointed to Second Term as SFC CEO

By Editors | 26/09/2014

Ashley Alder has been appointed for a second three-year term as chief executive of the Securities and Futures Commission.

Hong Kong Regulator Seeks Tougher Vetting Rules for GEM Companies

By Editors | 18/09/2014

The Securities and Futures Commission is recommending that the the city’s stock exchange tighten its vetting process for Growth Enterprise Market-listed (GEM) companies that seek listing on the main board.

Hong Kong Cuts Transaction Levies on Securities

By Editors | 02/09/2014

Hong Kong Exchanges and Clearing (HKEx) said it will cut levies imposed on transactions in its markets on behalf of the Securities and Futures Commission from November.

Hong Kong Regulator Reiterates IPO Sponsor Liability

By Editors | 26/08/2014

The Securities and Futures Commission has reaffirmed that sponsors of initial public offerings (IPO), particularly banks that prepare companies for a Hong Kong listing, are criminally liable for defective prospectuses.

Hong Kong Regulator Issues Quarter to June Report

By Editors | 21/08/2014

The Securities and Futures Commission issued its quarter to June report detailing accomplishments that included the release of a regulatory framework for the over-the-counter derivatives market, and the announcement of a cross-border stock market scheme between Hong Kong and Shanghai.

Hong Kong Regulator to Finalize REIT Code Changes

By Editors | 25/07/2014

The Securities and Futures Commission is finalising amendments to the Real Estate Investment Trust Code (REIT) which will allow REIT managers to invest in financial instruments and property development activities, after many industry participants supported the measure.

Securities / Derivatives

Hong Kong Starts Consultation on New OTC Derivatives Reporting Rules

By Editors | 21/07/2014

The Hong Kong Monetary Authority and the Securities and Futures Commission are seeking industry views on rules regarding mandatory reporting and related record-keeping obligations under the new over-the-counter (OTC) derivatives regime.

Securities / Derivatives

Hong Kong Regulator Fines Ping An for Control Failings

By Editors | 09/07/2014

The Securities and Futures Commission has fined Ping An of China Securities (Hong Kong) HK$6 million over “serious internal control deficiencies.”

Securities / Derivatives

Regulator SFC to Promote Hong Kong Domiciled Funds

By Editors | 08/07/2014

The Securities and Futures Commission said it will continue with its efforts to develop an asset management market for Hong Kong domiciled funds, while safeguarding investor interests through launching various regulatory initiatives.