Securities and Futures Commission

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.

SFC Opposes HKEx on Weighted Voting Rights for Hong Kong Stocks

By Editors | 26/06/2015

The Securities and Futures Commission has issued a statement announcing it does not support allowing weighted voting rights structures in companies listed in Hong Kong.

Hong Kong Brokers to Directly Access London Stock Exchange

By Editors | 16/06/2015

The Securities and Futures Commission (SFC) has granted a licence to the London Stock Exchange (LSE) to accept Hong Kong financial firms as exchange members.

Hong Kong Extends Tax Exemption for Offshore Funds

By Editors | 13/06/2015

The Hong Kong Government has extended its offshore funds tax exemption, allowing investments in private companies to qualify and loosening other restrictions.

SFC Proposes Legislative Change to Increase Cross-Border Regulatory Assistance

By Editors | 05/06/2015

The SFC is proposing legislative amendments which would give it discretion to provide supervisory assistance to regulators outside Hong Kong.

Hong Kong Regulator Reprimands BNP for Unreported Cross Trades

By Editors | 02/06/2015

The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Securities (Asia) Limited HK$11 million for failing to report more than HK6 billion of cross trades over a 10-year period.