SECURITIES AND FUTURES COMMISSION

AML / KYC

Hong Kong Rules Out Bespoke Regime for Family Offices

By Manesh Samtani | 30/06/2025

Hong Kong will rely on existing activity-based licensing and AML laws to police the sector, while enhancing tax breaks.

AML / KYC

Hong Kong Police Arrest Eight Involved in Share Sale Scams

By Editors | 28/06/2025

HK police have arrested eight individuals in connection with two phishing schemes targeting over 130 investors, resulting in HK$46 million in losses.

Crypto / Digital Assets

Hong Kong Unveils Second Policy Statement on Digital Assets Development

By Sanday Chongo Kabange | 27/06/2025

The latest policy statement on digital assets development introduces the so-called "LEAP" framework and builds on the 2022 policy.

Crypto / Digital Assets

Mainland Broker Guotai Junan Secures Hong Kong Crypto Approval

By Editors | 26/06/2025

Guotai Junan has become the first mainland brokerage to receive the SFC’s approval to provide crypto trading services.

Enforcement

SFC Suspends CEO of Freeman Commodities for Supervisory Failures

By Sanday Chongo Kabange | 20/06/2025

The SFC said the former RO and MiC failed to ensure his firm maintained appropriate standards of conduct and adhered to proper procedures.

Enforcement

SFC Imposes 3-Year Ban on Former Licensee Over Wash Trades

By Sanday Chongo Kabange | 20/06/2025

The former licensed representative of Cinda International Securities executed a total of 109 matched or wash trades in nine stocks, the SFC said.

Market Infrastructure

Hong Kong ‘Actively Pursuing’ Closer Integration With Mainland

By Sanday Chongo Kabange | 20/06/2025

Hong Kong will continue to explore further enhancements to the WMC scheme and ways to broaden Hong Kong professionals’ entry into the Mainland market.

Enforcement

SFC Suspends Licensed Rep Over Undisclosed Personal Dealings

By Sanday Chongo Kabange | 18/06/2025

The Rifa Securities representative failed to disclose personal securities trading via another brokerage firm for three years.

Enforcement

SFC Imposes Restrictions on GA (Int’l) Capital Management

By Sanday Chongo Kabange | 17/06/2025

GCML said the restriction notice has no effect on its global operations, and that the matter stems from a “third-party client violation” rather than misconduct by the firm.