October 19, 2018 BY Valentina Kirilova
SFC concludes further consultation on the financial resources rules
The Hong Kong Securities and Futures Commission (SFC) has released conclusions to the further consultation on proposed amendments to update the Securities and Futures (Financial Resources) Rules (FRR). After considering the comments received, the SFC will implement the proposed changes, the main purpose of which is to update the computation basis of the financial resources…
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