Global Financial Regulatory Blog

Tag Archives: Securities and Futures Commission

Case Update: Hong Kong Regulator’s Right to Enforce Against Foreign Defendants

Hong Kong’s highest court confirms that its financial markets regulator may serve proceedings on foreign defendants for restoration orders as of right. By Dominic Geiser, Simon Hawkins, Truman Mak, and Adrian Fong The Hong Kong Court of Final Appeal (CFA) held in a recent judgment that the Securities and Futures Commission (SFC) does not need … Continue Reading

Consultation on Proposed Regulation to Govern Market Soundings in Hong Kong

SFC proposes guidelines for intermediaries conducting and receiving market soundings in securities and capital market transactions. By Simon Hawkins and Adrian Fong On 11 October 2023, the Securities and Futures Commission (SFC) issued a consultation paper (Consultation Paper) proposing new “Guidelines for Market Soundings” (Guidelines) for Hong Kong intermediaries conducting market soundings for securities and … Continue Reading

Hong Kong Regulators Announce Streamlined Approach to Dealing With Sophisticated Professional Investors

The HKMA and the SFC permit relaxation of suitability and other regulatory requirements while dealing with high-net-worth and experienced investors. By Simon Hawkins and Adrian Fong On 28 July 2023, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued a joint circular (Joint Circular) outlining a new streamlined approach for … Continue Reading