Tag: Hong Kong Securities and Futures Commission

The Hong Kong Securities and Futures Commission (SFC) today launched a two-month consultation on proposals to refine the over-the-counter (OTC) derivatives regime and to require licensed corporations to properly manage financial exposures to connected persons. In response to market comments, the SFC proposes to refine the scope of regulated activities (RAs) to provide more clarity…

The Hong Kong Securities and Futures Commission (SFC) has publicly censured Zhang Qiang for acquiring shares within six months after the close of an offer at above the offer price in breach of Rule 31.3 of the Takeovers Code (the Rule prohibits an offerer and its concert parties from buying shares at prices higher than…

The Hong Kong Securities and Futures Commission (SFC) informed that it has today launched a three-month consultation on proposed amendments to the Code on Unit Trusts and Mutual Funds (UT Code) to update the regulatory regime for SFC-authorized funds and address risks posed by financial innovation and fast-moving market developments. Key proposals include strengthening requirements…

The Hong Kong Securities and Futures Commission (SFC) announced that has welcomed the Investment Agreement and Agreement on Economic and Technical Cooperation under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) signed in Hong Kong today. The initiatives under the latest agreements will facilitate promotion and protection of investments between…