Securities and Futures Commission

HKMA-SFC Consult on Mandatory Clearing and Reporting for OTC Derivatives

By Editors | 01/10/2015

Consultation paper introduces first phase of mandatory clearing and second phase of mandatory reporting under new OTC regime.

HKEx Announces CCASS Service Enhancements

By Editors | 21/09/2015

HKEx has announced the introduction of further CCASS service enhancements relating to Shanghai-Hong Kong Stock Connect in two stages, subject to SFC approval.

Regulatory Crackdown on Moody’s Discourages Tough Analysis on China Companies

By Peter Guy | 21/09/2015

Hong Kong’s securities regulator takes an ominous and non-transparent move that will affect how analysts scrutinise local and mainland enterprises.

IOSCO Publishes Report on Cross-Border Regulation

By Editors | 20/09/2015

Final report published from the IOSCO Task Force on Cross-Border Regulation.

SFC Reveals Direct Pathway for HK Brokers to Deal with US Customers

By Editors | 17/08/2015

Hong Kong’s Securities and Futures Commission has issued a circular describing the application procedure for certain licensed corporations to deal directly with customers in the United States.

SFC Fines BNP Paribas HK$15m for Dark Pool Failures

By Editors | 04/08/2015

SFC fines BNP Paribas HK$15m for failing to properly prioritise client orders in matching and obtain their consent in relation to its dark liquidity pool trading services.

Nomura Hong Kong Fined for Disclosure Failings

By Editors | 31/07/2015

SFC fines Nomura Hong Kong HK$4.5 million for failing to promptly report trading misconduct by one of its traders.

SFC Consults on Proposes Changes to Financial Resources Rules

By Editors | 21/07/2015

The Securities and Futures Commission has released a consultation paper on proposed changes to the Securities and Futures (Financial Resources) Rules relating to capital and other prudential requirements for licensed corporations engaged in over-the-counter derivatives activity.

Mutual Fund Recognition Reveals Fund Distribution Problems

By Peter Guy | 29/06/2015

Restrictions on the independent operations of Hong Kong asset managers in China may impose sales bottleneck.