SECURITIES AND FUTURES COMMISSION

Securities / Derivatives

SFC Proposes New Guidelines for Market Soundings

By Manesh Samtani | 12/10/2023

The proposed guidelines introduce a common set of “Core Principles” for market soundings to prevent misuse of non-public information.

Crypto / Digital Assets

SFC, HKPF Form Dedicated Working Group on VATPs

By Sanday Chongo Kabange | 05/10/2023

The working group will facilitate information sharing and collaboration on monitoring and investigations involving crypto platforms.

Crypto / Digital Assets

HK, Macau Police Make Four New Arrests in JPEX Case

By Manesh Samtani | 03/10/2023

Two Hong Kong residents were arrested in Macau and two more in Hong Kong. One was found with documents that were shredded and bleached.

Crypto / Digital Assets

SFC Publishes Names of VATP Licence Applicants

By Editors | 01/10/2023

Four VATP operators have submitted licence applications to the SFC. Six entities are listed as ‘suspicious VATPs’.

Enforcement

SFAT Upholds SFC’s Decision to Bar Ex-UBS Banker for Two Years

By Mark Johnston | 30/09/2023

The SFAT has upheld the SFC’s decision to prohibit Calvin Choi from re-entering the industry for two years.

Market Infrastructure

Regulators Announce Planned Enhancements for Wealth Connect

By Editors | 29/09/2023

The eligibility, product range, investment and sales limits will be enhanced, and securities firms will be allowed to participate.

Market Infrastructure

Hong Kong Preparing to Launch A50 Options, T-Bond Futures

By Manesh Samtani | 29/09/2023

Speaking at ISDA’s Derivatives Trading Forum, the SFC’s Ricco Leung said Mainland regulators support the launch of an A50 options contract in Hong Kong.

Crypto / Digital Assets

HK SFC to Provide Transparency on Crypto Licence Applicants

By Sanday Chongo Kabange | 26/09/2023

The SFC will publish a list of all firms that have applied for a VATP licence and launch other investor education initiatives.

SFC Finalises Revisions to Takeovers and Share Buybacks Codes

By Editors | 22/09/2023

The amended Codes on Takeovers and Mergers and Share Buy-backs will be gazetted on 29 September 2023 and then take effect immediately.