Events listed in Hong Kong
Securities and Futures (Contracts Limits and Reportable Positions) Rules (Cap. ...
ID 26603
A new version of the Securities and Futures (Contracts Limits and Reportable Positions) Rules was published on Hong Kong e-Legislation, the official platform of the Hong Kong government for publicizing legal documents. The latest version contains amendments to the main body and both schedules of the rules to reflect the recent revisions to the position limits regime which came into force on December 22, ...
Circular to Management Companies of SFC-authorised Exchange Traded Funds (“ETFs”) – ...
ID 26594
The Securities and Futures Commission of Hong Kong (SFC) has issued a new circular addressed at managers of exchange traded funds (ETFs). In this circular, the SFC outlines the key changes in an ETF that must be notified to investors in order to enable them to make informed investment decisions and to stay up-to-date on the key characteristics of a fund. Such changes include, ...
MPFA Blog – Good stories about MPF Good stories about Hong Kong
ID 26590
As MPFA celebrates 23 years of operations in HK, its Chairman – Mrs Ayesha Macpherson Lau – looks back on the evolution of the system. She defines MPF system as one „designed as an employment-based, defined contribution system, which is financially sustainable and does not impose a burden on public finance“. Currently, 41 jurisdictions worldwide share a similar system policy. MPFA has also been ...
Innovation and Technology Venture Fund adds one co-investment partner
ID 26576
On December 27, 2023, the Hong Kong Innovation and Technology Commission announced that it has selected a new venture capital fund (VC fund) to participate in the Innovation and Technology Venture Fund (ITVF) program which now makes it a total of 20 VC funds under the program. The ITVF is a $2 billion co-investment fund established by the Government to encourage „Venture Capital investment ...
Limited Partnership Fund Ordinance (Cap. 637) (Version Date: 27/12/2023)
ID 26570
A revised version of the Limited Partnership Fund Ordinance was published on Hong Kong’s e-Legislation platform, Hong Kong’s website for publicizing legal documents. It contains modifications to the following parts: 1. Part 1 – Preliminary which primarily sets out the definitions used throughout the Ordinance. **2. [Part 7 – Migration of Fund Set up in Form of Limited Partnership Registered under Limited Partnerships Ordinance ...
Consultation on legislative proposal to implement regulatory regime for stablecoin ...
ID 26568
With the growing market and rising role of stablecoins in the industry, FSTB and HKMA have published a consultation paper on regulating its issuers, especially FRS issuers in the light of implementing appropriate supervision to ensure financial stability in this area. The basis for this consultation paper was the „Discussion Paper on Crypto-assets and Stablecoins“ (see eventid=14353) from January 2022, international standards and the ...
Checklist for Application for Authorisation of Real Estate Investment Trusts
ID 26555
The Securities and Futures Commission of Hong Kong (SFC) has issued a revised version of its Checklist for Application for Authorisation of Real Estate Investment Trusts. The checklist – which shall be used beginning on the application date outlined above – MUST be submitted to the SFC along with the prescribed documents. The checklist contains or requires information on: (1) the REIT (i.e. name ...
Information Checklist for Application for Authorization of Dutch Funds under the ...
ID 26554
The Securities and Futures Commission of Hong Kong (SFC) has issued a revised version of its Information Checklist for Application for Authorization of Dutch Funds under the Mutual Recognition of Funds Arrangement and the Revamped Process. The checklist which shall be used beginning on the application date outlined above MUST be submitted to the SFC along with the prescribed documents. The checklist contains or ...
On-Going Compliance Form for Filing of Pricing Errors
ID 26553
The Securities and Futures Commission of Hong Kong, SFC, has issued a revised form for the reporting of erroneous NAVs to the Commission. The form requires information on – the investment fund affected by the error (fund name, custodian, fund management company, etc.); – type of error occurred and the respective error date; – the duration of the error and the impact upon investors; ...
Joint circular on intermediaries’ virtual asset-related activities
ID 26548
The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have issued a new joint circular addressed at financial market intermediaries engaged in virtual asset-related activities. The circular thereby provides guidance and updates on the regulatory approach for distributing virtual asset-related products (VA-related products) and providing virtual asset dealing services to investors. The circular supersedes a previous one recently ...