Events listed in Securities and Futures Ordinance
GN 4169 of 2023
ID 24220
The Securities and Futures Commission of Hong Kong, SFC, has published a General Notice, G.N. 4169/2023, to gazette several new forms to be used for filings with the Commission pursuant to Section 402 of the Securities and Futures Ordinance when WINGS, the electronic filing platform of the SFC, is unavailable. The affected forms are the following: #### Forms 1U – Application for Licence – ...
Annual update to the list of Financial Services Providers under the OTC derivatives ...
ID 23923
Earlier this year, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued a consultation paper „on the annual update to the list of Financial Services Providers under the clearing obligation for over-the-counter derivative transactions“ in Hong Kong. Therein, the two government agencies sought comment on the inclusion of one additional entity, namely Santander US Capital Markets LLC, which meets ...
SFC updates guidance to prepare for HKD-RMB Dual Counter Model
ID 23595
On June 6, 2023 the Securities and Futures Commission of Hong Kong, SFC, issued a press statement to inform that it has published updated versions of its Guidance Note on Short Selling Reporting and Stock Lending Record Keeping Requirements and corresponding frequently asked questions (FAQs) to prepare for the implementation of the HKD-RMB Dual Counter Model on June 19, 2023. **The Guidance Note clarifies ...
SFC concludes consultation on the position limit regime
ID 23560
Following the launch of two consultations on proposed revisions to its position limit regime (please see EventID #15414 and EventID 18459 in this context for more information), the Securities and Futures Commission of Hong Kong, SFC, has now published a consultation conclusion document in this context. In this conclusion document, the SFC outlines the responses it has received to its second consultation (the responses ...
G.N. 3132 / 2023
ID 23419
The Securities and Futures Commission of Hong Kong, SFC, has officially gazetted a new General Notice, G.N. 3132/2023 pertaining to reporting requirements of licensed corporations. Therein, the regulator stipulates that beginning December 1, 2023, a new electronic form must be used by financial market intermediaries for purposes of reporting on their financial condition for periods ending on or after December 1, 2023. The new ...
Circular to Licensed Corporations and Associated Entities Revised financial return ...
ID 23411
In view of the gazettal of various new notices regarding filing and reporting requirements of licensed corporations and associated entities, the Securities and Futures Commission (SFC) has published a new circular. In the document, the regulator briefly describes the new forms which consist of the following: 1. the financial return form to be submitted by licensed corporations pursuant to section 56 of the Securities ...
G.N. 3131 / 2023
ID 23410
The Securities and Futures Commission of Hong Kong, SFC, has officially gazetted a new General Notice, G.N. 3131/2023 pertaining to reporting requirements of licensed corporations. Therein, the regulator stipulates that beginning December 1, 2023, a new electronic form for the analysis of client assets of associated entities must be used for periods ending on or after December 1, 2023. The new form may also ...
G.N. 3130 / 2023
ID 23402
In view of the upcoming effective date of the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022 on June 1, 2023, the Securities and Futures Commission of Hong Kong, SFC, has published a new General Notice (G.N. 3130/2023) specifying the forms to be used by virtual asset service providers, VASPs, for the application for a license and the notification of various business matters when ...
G.N. 3129 / 2023
ID 23392
The Securities and Futures Commission of Hong Kong, SFC, has officially gazetted a new General Notice, G.N. 3129/2023 pertaining to the forms to be used by licensed corporations in relation to registration and related matters. Therein, the regulator stipulates that **beginning June 1, 2023, new registration and notification forms must be used when applying to be authorized in Hong Kong or when notifying the ...
SFC consults on revisions to takeovers and share buy-back rules
ID 23326
The Securities and Futures Commission of Hong Kong, SFC, has launched a public consultation on proposed revisions to the Codes on Takeovers and Mergers and Share Buy-backs. The revisions aim to enhance efficiency during a takeover offer, implement existing practices, and make miscellaneous changes throughout to improve clarity on various issues. Some of the changes are briefly outlined below; for all of them, please ...