Securities and Futures Commission

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.

Enforcement

Korea Strengthens Measures for Combatting Unfair Trading

By Mark Johnston | 22/09/2023

The FSC and FSS plan to freeze accounts suspected of unfair trading, and increase the increase rewards for reporting unfair trading.

Crypto / Digital Assets

SFC Confirms Crypto Firm JPEX Never Approached it About Licensing

By Sanday Chongo Kabange | 22/09/2023

JPEX breached the SFO and AMLO by publishing confidential correspondence with the SFC. Three more arrests have been made.

Capital / Liquidity

INTERVIEW: Hong Kong’s Codes On Takeovers, Mergers Ripe for Amendment

By Jill Wong | 20/09/2023

Roger Cheng, who used to head the takeovers team at Hong Kong’s SFC, talks to Regulation Asia about the proposed changes to the SFC’s codes on takeovers and mergers and share buy-backs.

Enforcement

Hong Kong Police Arrest Eight in JPEX Crypto Fraud Case

By Manesh Samtani | 19/09/2023

Police said complaints have been received from 1,641 investors reporting HKD 1.2 billion in losses, making it the single largest fraud case in Hong Kong’s history.

Enforcement

SFC Imposes Seven Month Ban on Former Taiping Securities RO

By Editors | 19/09/2023

The former responsible officer logged into clients’ internet trading accounts to place orders for them, and failed to maintain proper records of the order instructions.