SECURITIES AND FUTURES COMMISSION

Crypto / Digital Assets

The Boiling Frog: Finfluencers in the Investment Management Industry

By Pankaj Sharma | 29/11/2023

Pankaj Sharma and Phoebe Chan discuss the complexities of regulating financial promotions online, finfluencers in particular, and offer recommendations.

ESG / Sustainability

HK FSTB Consults on Paperless Corporate Communications

By Sanday Chongo Kabange | 29/11/2023

Listed and non-listed companies incorporated in Hong Kong would be allowed to rely on implied consent for disseminating corporate communications by means of website.

Crypto / Digital Assets

Interactive Brokers, Victory Securities Granted HK Crypto Licences

By Editors | 27/11/2023

Interactive Brokers and Victory Securities say they have approval to offer crypto trading services to retail investors in Hong Kong.

Market Infrastructure

SFC, HKEX Formally Announce Plans to Launch China Treasury Bond Futures

By Editors | 26/11/2023

The launch of treasury bond futures in Hong Kong will further expand the toolkit for overseas investors to hedge their exposure to Mainland assets.

Enforcement

SFC Starts Legal Proceedings Against AMTD Global Markets Limited

By Sanday Chongo Kabange | 24/11/2023

The SFC has asked the city’s Court of First Instance to inquire into the circumstances of non-compliance by AMTD Global Markets Limited and its former executives.

AML / KYC

SFC Fines Lion Futures for AML Non-Compliance

By Sanday Chongo Kabange | 23/11/2023

Lion Futures is the 7th firm to be fined over the use of software that allows Mainland investors to trade without opening a local securities account in Hong Kong.

Fintech / Regtech

HKEX Launches New IPO Settlement Platform

By Manesh Samtani | 23/11/2023

The platform, known as FINI, shortens the IPO settlement cycle from five days to two days, lowering risks for issuers and investors.

Crypto / Digital Assets

OKX Becomes First Crypto Major to Lodge SFC Licence Application

By Manesh Samtani | 22/11/2023

OKX, the world’s third-largest crypto exchange by 24-hour trading volume, is the seventh firm to apply for a Hong Kong VATP licence.

Market Infrastructure

HKMA Considers How Banks Will Support Stock Trading During Typhoons

By Sanday Chongo Kabange | 21/11/2023

Banks would need to upgrade their systems to cope with a “potential new clearing arrangement for cheque payments”.