Tagged: securities and futures commission

September 21, 2026 @ 9:19 pm By Michael Wong  |  

Hong Kong companies need to treat artificial intelligence governance as a board-level responsibility rather than an information technology project, with directors maintaining human accountability for AI-assisted decisions, Securities and Futures Commission (SFC) Chairman Kelvin Wong said. Speaking at the Corporate Governance Conference 2026, Wong said… Read More

July 26, 2026 @ 9:39 pm By Michael Wong  |  

Hong Kong’s Securities and Futures Commission (SFC) has enhanced its regulatory framework for authorised leveraged and inverse products, giving product providers greater flexibility in managing their products while drawing investors’ attention to their nature as daily trading instruments. The regulator said Hong Kong’s leveraged and… Read More

July 15, 2026 @ 5:24 am By JD Alois  |  

The Hong Kong Securities and Futures Commission (SFC) has approved its first tokenized fund. The Baillie Gifford Enhanced Yield Fund (BAGEY) is an actively managed fund that holds short-duration government and corporate bonds. Baillie Gifford is an independent investment manager owned and operated by 54… Read More

June 15, 2026 @ 2:07 am By Michael Wong  |  

Hong Kong will continue expanding its digital asset regulatory framework and support the use of artificial intelligence (AI) in financial services as it seeks to strengthen its position as an international financial centre, the chairman of the Securities and Futures Commission said. Speaking at the… Read More

June 9, 2026 @ 3:07 am By Michael Wong  |  

Hong Kong’s central bank and securities regulator said they will proceed with proposed amendments to clearing rules for over-the-counter derivative transactions, after a joint consultation received broad market support. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued consultation conclusions… Read More

September 27, 2025 @ 10:24 am By Michael Wong  |  

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) set out a detailed roadmap to strengthen the city’s fixed income and currency (FIC) markets, part of a broader push to reinforce its role as a global financial centre and deepen its… Read More

August 25, 2024 @ 6:52 pm By Michael Wong  |  

Hong Kong’s Securities and Futures Commission (SFC) has uncovered unsatisfactory practices at several “deemed-to-be-licensed” cryptocurrency exchange platforms during recent on-site inspections, according to a Bloomberg report. These findings come as the city pushes forward with its ambition to become a leading digital-asset hub, but faces… Read More

December 23, 2023 @ 3:26 am By Omar Faridi  |  

The Securities and Futures Commission (SFC) in Hong Kong warned the public to beware of entities operating under the names of “LonShiX” and “Bitbank (Global) Financial Holding Group,” suspected of “engaging in fraudulent activities purporting to be related to virtual assets.” The SFC notes that… Read More

May 31, 2023 @ 10:41 pm By JD Alois  |  

On June 1, 2023, new rules regarding digital assets go into effect, which may make Hong Kong a crypto hub. Earlier this month (May 2023), the Hong Kong Securities and Futures Commission (SFC) concluded the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators. According… Read More

February 21, 2023 @ 10:55 pm By Omar Faridi  |  

The Securities and Futures Commission (SFC) launched a consultation on the proposed requirements “for operators of virtual asset trading platforms.” Under a new licensing regime to take effect on 1 June 2023, all centralized virtual asset trading platforms “carrying on business in Hong Kong or… Read More

June 15, 2022 @ 12:40 am By Omar Faridi  |  

Amber Group, a global digital asset platform, announced its acquisition of Celera Markets Limited, a “fully” licensed financial group by the Securities and Futures Commission (SFC) of Hong Kong. The acquisition represents “a significant milestone for Amber Group, as it continues to strengthen its product… Read More

January 22, 2022 @ 6:58 pm By Omar Faridi  |  

Hong Kong’s leading virtual bank ZA Bank has reportedly expanded its footprint into investment business as the first local digital-only bank to be “licensed by the Securities and Futures Commission (SFC) for Type 1 regulated activity (dealing in securities).” As mentioned in an update shared… Read More

April 10, 2021 @ 7:27 pm By Omar Faridi  |  

StashAway, a digital wealth management solution provider, recently revealed that it will be offering services to Hong Kong consumers. The firm’s management confirmed that it’s now licensed by the Securities and Futures Commission (SFC). StashAway is a digital investment platform that offers “intelligent” asset allocation… Read More

October 7, 2019 @ 7:30 am By Omar Faridi  |  

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has released an updated regulatory framework for digital asset fund managers. The SFC posted the guidelines on its official website on October 4. SFC’s 37-page document, titled “Proforma Terms and Conditions for Licensed Corporations which… Read More

November 3, 2018 @ 6:13 pm By JD Alois  |  

During Hong Kong Fintech Week, the CEO of the Hong Kong Securities and Futures Commission (SFC), Ashley Alder, spoke about the benefits and challenges of Fintech. According to Alder: “It is obvious that the pace of change and innovation in financial services is unprecedented. We… Read More

November 3, 2018 @ 5:50 pm By JD Alois  |  

Announced during Hong Kong Fintech Week, the Securities and Futures Commission of Hong Kong issued a statement on their approach which seeks to bring both digital asset portfolio managers and distributors of these “virtual asset funds” under its regulatory purview. Additionally, SFC has released a… Read More

October 15, 2018 @ 11:58 am By Cali Haan  |  

Properly regulating the cryptocurrency sector is a complex affair, says outgoing Hong Kong Securities and Futures Commission (SFC) chairperson Carlson Tong, but a complete ban is futile: “We do not think imposing a total ban on these platforms is necessarily the right approach, and it will… Read More

October 14, 2018 @ 8:33 pm By JD Alois  |  

Later this month, Hong Kong will host their annual Fintech Week. This year’s event is being billed as the “world’s first” cross-border Fintech event. The multi-faceted conference will straddle Honk Kong and Shenzen – the relatively new metropolis that links Hong Kong to China’s mainland. Macao… Read More

February 9, 2018 @ 5:42 pm By JD Alois  |  

  The Hong Kong Securities and Futures Commission (SFC) has issued another alert regarding the risks of investing in initial coin offerings (ICOs) and dealing with cryptocurrency exchanges. Last fall, the SFC fired a shot across the bow of ICO issuers stating certain ICOs may… Read More

February 1, 2018 @ 8:36 am By Erin Hobey  |  

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Investor Education Centre (IEC), a subsidiary of the Securities and Futures Commission (SFC), jointly launched a public education campaign today on the risks associated with ICOs and cryptocurrencies. The campaign aims to provide the… Read More