Financial Services Regulation

SFC, HKMA and AMCM sign MOU on Cross-Boundary Wealth Management Connect
SFC, HKMA and AMCM sign MOU on Cross-Boundary Wealth Management Connect 1400 788 Hauzen LLP
On 5 February 2021, the Securities and Futures Commission (“SFC”), the Hong Kong Monetary Authority (“HKMA”) and the Monetary Authority of Macao (“AMCM”) entered into a Memorandum of Understanding (“MOU”) in relation to the launch of the Cross-boundary Wealth Management Connect Pilot Scheme (“Scheme”) in the Guangdong-Hong Kong-Macao Greater Bay Area with Mainland authorities such as People’s Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission and the State Administration of Foreign Exchange.

Hong Kong & APEC Sign MOU to Establish APEC SELI Sub-fund
Hong Kong & APEC Sign MOU to Establish APEC SELI Sub-fund 1401 788 Hauzen LLP
SELI sub-fund under the APEC Economic Committee will provide funding for capacity building work to assist economies to strengthen economic and legal infrastructure.

SFC and FRC conclude MOU to strengthen regulation of capital markets
SFC and FRC conclude MOU to strengthen regulation of capital markets 1402 790 Hauzen LLP
SFC and FRC entered into new MOU for enhanced cooperation measures for regulation of PIE Auditors and the compliance by listed entities of regulatory requirements in financial reporting

SFC concludes Consultation on Amendments to the Securities and Futures (Professional Investor) Rules
SFC concludes Consultation on Amendments to the Securities and Futures (Professional Investor) Rules 1402 790 Hauzen LLP
May 2018, the SFC published the Consultation Conclusions on the Proposed Amendments to the Securities and Futures (Professional Investor) Rules.

2021-22 Budget Speech – Update on Open-ended Fund Companies and Limited Partnership Funds
2021-22 Budget Speech – Update on Open-ended Fund Companies and Limited Partnership Funds 1400 789 Hauzen LLP
The Financial Secretary announced legislative proposal to allow foreign investment funds to re-domicile to Hong Kong for registration as OFCs or LPFs and planned incentives in the form of subsidies for OFCs set or re-domiciled to Hong Kong.

SFC published FAQ Guidance on Use of External Electronic Data Storage by Licensed Corporations
SFC published FAQ Guidance on Use of External Electronic Data Storage by Licensed Corporations 1400 787 Hauzen LLP
SFC published Frequently Asked Questions December 2020 providing guidance to licensed corporations on the use of external electronic data storage.
Financial Services Regulation

SFC’s Consultation on Investor Identification & Over-the-counter Securities Transactions Reporting Regimes
SFC’s Consultation on Investor Identification & Over-the-counter Securities Transactions Reporting Regimes 1920 1080 Hauzen LLP
The deadline for the consultation period is fast approaching and currently set to be 4 March 2021. Learn more about the proposed regimes here.

Mutual Recognition of Funds between Thailand & Hong Kong
Mutual Recognition of Funds between Thailand & Hong Kong 1400 788 Hauzen LLP
On 20 Jan 2021, SFC & SEC entered into MoU to allow eligible Hong Kong and Thai public funds to be distributed in each other’s markets through streamlined process

Bloomberg: Hong Kong Sanctions Could Threaten Banks
Bloomberg: Hong Kong Sanctions Could Threaten Banks 1288 682 Hauzen LLP

Josephine Chung, director and founder of CompliancePlus Consulting, discusses how western banks are walking a tight rope when it comes to their operations and obligations in Hong Kong. She speaks…

SFC Warns Private Equity Firms on Hong Kong Licensing
SFC Warns Private Equity Firms on Hong Kong Licensing 1400 788 Hauzen LLP

It has been nearly two decades since commencement of the current Securities and Futures Commission (SFC) licensing regime. The relevant legislation, the Securities and Futures Ordinance, originally specified nine types…

Back to top
Privacy Preferences

When you visit our website, it may store information through your browser from specific services, usually in the form of cookies. Here you can change your Privacy preferences. It is worth noting that blocking some types of cookies may impact your experience on our website and the services we are able to offer.  View our Legal Notices

For performance and security reasons we use Cloudflare
required
Click to enable/disable Google Analytics tracking code.
Click to enable/disable Google Fonts.
Click to enable/disable Google Maps.
Click to enable/disable video embeds.
Our website uses cookies, including from 3rd party services. Define your Privacy Preferences and/or agree to our use of cookies.