SECURITIES AND FUTURES COMMISSION

Market Infrastructure

HKMA Updates Margin Financing Guidance Ahead of FINI Launch

By Editors | 19/11/2023

The revised SPM module provides further guidance on a “holistic approach to risk management” of share margin financing.

Enforcement

SFC Obtains Orders Against Ex-Chairman for Fraudulent Share Scheme

By Mark Johnston | 16/11/2023

Former chairman disqualified for 10 years from holding any directorial or managerial position in Hong Kong and fined for fraudulent share scheme.

AML / KYC

SFC Issues Updated AML/CFT Self-Assessment Checklist

By Editors | 15/11/2023

The updated checklist incorporates the May revisions to the SFC’s existing AML/CFT guideline, including to apply additional questions on virtual asset activities.

Capital / Liquidity

SFC Issues Guidance on IPO Services Ahead of FINI Launch

By Editors | 09/11/2023

The SFC outlines risk management considerations for licensed corporations offering IPO services ahead of HKEX’s launch of a new IPO settlement platform.

Crypto / Digital Assets

Investor Protection is Key to Singapore, Hong Kong Crypto Regulations

By Nithya Subramanian | 08/11/2023

As Singapore and Hong Kong regulators navigate the fast-changing digital assets landscape, investor protection takes centerstage.

Crypto / Digital Assets

SFC Awards Licences to HK Unit of Swiss Crypto Bank, SEBA

By Manesh Samtani | 08/11/2023

The licences allow SEBA Hong Kong to deal in, advise on, and conduct asset management for traditional securities and virtual assets.

Crypto / Digital Assets

SFC Issues Rules for Tokenised Securities and Investment Products

By Manesh Samtani | 03/11/2023

Tokenised securities have to meet the same requirements as traditional securities. Primary dealing of tokenised investment products will be allowed.

Crypto / Digital Assets

Hong Kong Announces New Fintech Development Initiatives

By Editors | 02/11/2023

The initiatives include a new platform to facilitate retail fund distribution and enhancements to the regulatory framework for virtual assets.

ESG / Sustainability

HK SFC, ICMA Collaborate on Voluntary ESG Code of Conduct

By Sanday Chongo Kabange | 01/11/2023

The code of conduct will improve the reliability of ESG information used by licensed corporations in their investment decisions.