Securities and Futures Commission

Enforcement

SFC Suspends Former Securities Broker Over ‘Finfluencer’ Activities

By Mark Johnston | 24/03/2025

The former Tse’s Securities representative provided investment advice through a subscription-based chat group on Telegram he hosted without a licence.

Market Infrastructure

Hong Kong SFC Issues Further IPO Subscription Guidance

By Sanday Chongo Kabange | 21/03/2025

The SFC has directed licensed corporations to stop engaging in “imprudent and aggressive” IPO financing practices.

Enforcement

SFC Impose 14-Month Ban on Former Fund Manager

By Sanday Chongo Kabange | 21/03/2025

The SFC said the action is related to disciplinary actions against “other related entities” concerning the management of various private funds.

Crypto / Digital Assets

What’s Next for OSL? Gary Tiu Discusses Project Ensemble and the Future of Finance

By Nithya Subramanian | 19/03/2025

Gary Tiu, Head of Regulatory Affairs at OSL, discusses the firm’s role in Project Ensemble, its challenges, and the future of tokenised real-world assets.

Securities / Derivatives

SFC Issues Guidance on Resumption of Licensing Fee Collection

By Sanday Chongo Kabange | 18/03/2025

The SFC issued a quick guide and related FAQs to help the industry better manage matters related to annual licensing fee payment.

Market Infrastructure

HKEX Considers Lowering Board Lot Sizes to Boost Liquidity

By Mark Johnston | 17/03/2025

HKEX is reportedly considering mandating that brokers charge the same price for trading single shares as they do for board lots.

Enforcement

Korea Identifies Stock Fraud Involving Convertible Bond Issuance

By Thisanka Siripala | 13/03/2025

South Korea’s financial watchdog exposes fraud ring behind fake capital raising and market rigging.

Enforcement

FSS Korea Refers ‘Finfluencer’ Unfair Trading Case for Prosecution

By Nithya Subramanian | 06/03/2025

The finfluencer pre-purchased shares and sold them at inflated prices after issuing “buy” recommendations on a popular Telegram channel.

Crypto / Digital Assets

ChinaAMC HK Launches Asia-Pacific’s First Tokenised Retail Fund

By Mark Johnston | 01/03/2025

The fund introduces tokenised share classes, enabling investors to access critical information in real-time while benefiting from streamlined processes.