SFC

Just like this Industry Insights, a Securities and Futures Commission ("SFC") 2018 year end litigation report might well be (sub-)titled "Taking Care Of Business". The expression might resonate with…
December 2018
With headlines in the news of regulated entities "self-reporting" or delaying in doing so, it is timely to consider some basic considerations. Regulators like self-reports by regulated entities and…
December 2018
Barrister Anthony Neoh SC, a former chairman of the Securities and Futures Commission, was recently named as head of Independent Police Complaints Council (IPCC). In this conversation withHong Kong…
December 2018
Banks in Hong Kong have largely been able to rely on contractual clauses to avoid successful mis-selling claims being made against them, but regulatory changes introduced earlier this year threaten…
July 2016
Ashley Alder, the chief executive of the Hong Kong Securities and Futures Commission and newly appointed chairman of the International Organisation of Securities Commissions ("IOSCO"), has flagged…
July 2016
Hong Kong's securities regulator has asked fund managers in the territory to ensure they manage their liquidity risk in line with international expectations and local best practices, amid concerns…
July 2016
Hong Kong's securities regulator will soon publish guidance on liquidity risk management for authorised funds in the territory, building upon recent international developments in the field, the…
June 2016
Hong Kong's banking regulator has outlined three levels of severity for supervisory actions on regulated entities, as part of an effort to enhance transparency around its risk-based approach to…
June 2016
The Hong Kong Securities and Futures Commission ("SFC") has had its appeal against a lower court ruling turned down by the Court of First Instance. The SFC had appealed a decision by the Eastern…
June 2016
Hong Kong's securities regulator has ordered a broker to stop processing cash and shares held in a client account, saying they were suspected to be the proceeds of insider dealing. The broker,…
June 2016
The structure for regulatory supervision of the Stock Exchange of Hong Kong could be in for a revamp, with the stock market regulator and the exchange operator planning to consult the market in the…
June 2016
Hong Kong's securities regulator said on Wednesday, 18 May that Chinese e-commerce giant Alibaba Group Holding Ltd breached takeover rules in the purchase of a healthcare firm in 2014 because it also…
May 2016
The chief executive of Hong Kong’s securities regulator, Ashley Alder, has been appointed chairman of the Madrid-headquartered International Organization of Securities Commissions ("IOSCO"), the SFC…
May 2016
In one of the first cases of its kind, the Hong Kong Securities and Futures Appeals Tribunal ("SFAT") has affirmed the decision of the Securities and Futures Commission ("SFC") to reprimand Moody's…
April 2016
Hong Kong's securities regulator has banned Andrew Chow Ho Cheung from the industry for life, after he was found guilty by the court last year of fraud and stealing from customers' accounts. Chow, a…
April 2016