Securities and Futures Commission

    Capital / Liquidity

    IMF Commends Hong Kong for Strong Buffers, Robust Policy Frameworks

    By Manesh Samtani | 12/12/2018

    Years of prudent macroeconomic policies and robust financial regulation and supervision will help Hong Kong weather possible domestic and external shocks, the IMF says.

    Enforcement

    Korean Regulators Become Latest Signatories to IOSCO EMMoU

    By Editors | 07/12/2018

    South Korea’s FSC and FSS have jointly become the 10th member of IOSCO’s EMMoU, which enables cross-border sharing of audit papers and telecommunications and internet records.

    Enforcement

    Soros-Linked Fund Manager Fined in Hong Kong for Naked Short Selling

    By Editors | 07/12/2018

    SFM HK Management Ltd, owned by New York’s Soros Fund Management, was fined HK$1.5mn for short selling Great Wall Motors bonus shares before they were available for trading.

    Capital / Liquidity

    SFC Revised Code for Funds to Take Effect from January 2019

    By Manesh Samtani | 07/12/2018

    Amended ‘Code on Unit Trusts and Mutual Funds’ to take effect in January with 12-month transition period. Proposals on classification of derivatives funds have been revised.

    Crypto / Digital Assets

    Singapore’s First Crypto Litigation Highlights Need for Regulatory Clarity

    By Manesh Samtani | 03/12/2018

    The outcome of B2C2 v. Quoine could inform regulators’ considerations on the next set of rules for crypto exchanges, which in time may provide greater clarity for investors.

    Market Infrastructure

    HKIFA Seeks Loosening of HK-China MRF Restrictions

    By Editors | 27/11/2018

    The industry association has been working with EY on proposals aimed at making it easier to distribute Hong Kong-based funds into China through the mutual recognition scheme.

    Big Picture

    “Good Progress” On OTC Reform Among G20 Nations – FSB

    By Garima Chitkara | 21/11/2018

    The FSB found progress in OTC reform implementation on among 24 member jurisdictions, with great strides on trade reporting and higher capital on non-centrally cleared derivatives.

    Securities / Derivatives

    SFC Begins Thematic Review to Assess Risk at Licensed Corporations

    By Garima Chitkara | 19/11/2018

    The regulator will conduct a review of selected firms in Hong Kong with a view to understanding risks arising from remote risk booking, operational risk and data risk.

    Press Release

    Regulation Asia Awards ‘Law Firm of the Year’ to Herbert Smith Freehills

    By Editors | 15/11/2018

    Herbert Smith Freehills has been awarded Law Firm of the Year in the inaugural Regulation Asia Awards for Excellence 2018.

    Crypto / Digital Assets

    Crypto Players Welcome Hong Kong Regulation

    By Garima Chitkara | 06/11/2018

    New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team