Events listed in [SFC] Securities and Futures Commission
FAQs – OTC derivatives regime: FAQs on the operation and implementation of ...
ID 22134
The Securities and Futures Commission of Hong Kong (SFC) has published a new version of its frequently asked questions (FAQs) on the Implementation and Operation of the Mandatory Clearing Regime. They are intended to „help market participants better understand their obligations and responsibilities under the Clearing Rules“ and help them comply with the regime. Generally speaking, the FAQ cover issues such as who is ...
Investor identification regime to take effect on 20 March 2023
ID 22116
In view of the upcoming new Hong Kong Investor Identification Regime (HKIDR) which will be effective from March 20, 2023, the Securities and Futures Commission (SFC) has published a press statement primarily addressed at investors to once again remind them that they need to submit their consent for the „collection, storage, processing and use of personal data“ BEFORE that date. Otherwise, they will not ...
Circular to Intermediaries Arrangements for the launch of the Hong Kong Investor ...
ID 22114
The Securities and Futures Commission, SFC, has issued a circular in connection with the upcoming new Hong Kong Investor Identification Regime (HKIDR) which will come into force on March 20, 2023. Specifically, the circular reminds intermediaries that they must ensure compliance with all regulatory obligations under the corresponding provisions of the [*Code of Conduct for Persons Licensed by or Registered with the Securities and ...
Circular to Licensed Corporations in relation to list of prescribed persons who ...
ID 22060
The Securities and Futures Commission of Hong Kong, SFC, has issued a circular informing about an updated list of firms which have reached their „clearing threshold under the clearing and record keeping rules for the OTC derivatives regime“ and which are subsequently subject to central clearing requirements.
G.N. 1129 / 2023
ID 22016
The Securities and Futures Commission of Hong Kong (SFC) has published a new General Notice (G.N. 1129 / 2023) to finally bring into force the new Hong Kong Investor Identification Regime (HKIDR) on March 20, 2023 and the new Over-the-counter Securities Transactions Reporting Regime (OTCR) on September 25, 2023. Under the investor identification regime, licensed corporations and registered institutions are required to submit to ...
Effective date for changes to Stock Connect trading calendar
ID 22011
Following a recent announcement of upcoming changes to the trading calendar for securities trading via Stock Connect, the Securities and Futures Commission of Hong Kong (SFC) has now published a follow-up statement in this context. To recall, in an effort to facilitate trading without time restrictions due to national holidays in either Hong Kong or mainland China, the Commission itself and the China Securities ...
SFC consults on proposals to regulate virtual asset trading platforms
ID 21960
In view of the upcoming new licensing regime for virtual asset service providers (VASPs) under the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 on June 1, 2023, the Hong Kong Securities and Futures Commission (SFC) has launched a new consultation as regards further wide-ranging regulations relating to virtual asset trading platforms (VATPs) that are trading non-security tokens. As these platforms may pose ...
Circular to Licensed Corporations Engaged in Asset and Wealth Management Activities ...
ID 21941
The Securities and Futures Commission of Hong Kong (SFC) has published a circular to announce the launch of its Asset and Wealth Management Activities Survey 2022 (AWMAS). It is particularly addressed at asset management firms providing the following services: fund advising, fund and portfolio management, private banking, or any other type of private wealth management. The survey covers the business year 2022 and must ...
SFC and CSRC enter into an MoU on regulatory cooperation
ID 21937
The Securities and Futures Commission of Hong Kong, SFC, has published a press statement to inform of a new Memorandum of Understanding (MoU) that was concluded between the SFC itself and the China Securities Regulatory Commission (CSRC). The agreement supplements the „Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies“ which will come into force at the end of March 2023. ...
Circular to Intermediaries Submission of BCAN-CID Mapping File for the Hong Kong ...
ID 21641
The Securities and Futures Commission, SFC, has issued a circular in connection with the upcoming new Hong Kong Investor Identification Regime (HKIDR) which will come into force on March 20, 2023. Specifically, the circular reminds intermediaries that they may now submit their mapping files including the assigned BCANs (Broker-to-Client Assigned Numbers) and the matched Client Identification Data (CID) to the Stock Exchange of Hong ...