| We regulate |
How we do it |
|
Licensed corporations and individuals carrying out
the following regulated activities:
- Dealing in securities
- Dealing in futures contracts
- Leveraged foreign exchange trading
- Advising on securities
- Advising on futures contracts
- Advising on corporate finance
- Providing automated trading services
- Securities margin financing
- Asset management
|
- Set licensing standards to ensure that all practitioners
are fit and proper
- Approve licences and maintain a public register
of licensees
- Issue codes and guidelines to inform the industry
of its expected standard of conduct
- Monitor licensees¡¦ financial soundness
and compliance with ordinance, codes, guidelines,
rules and regulations
- Handle misconduct complaints against licensees
- Investigate and take action against misconduct
|
| Investment products offered to the public |
- Set standards for the authorisation and regulation
of investment products
- Authorise investment products offered to the public
and their promotion (including advertisements and
marketing materials)
|
| Listed companies |
- Approve changes to the Listing Rules
- Monitor announcements and vet listing application
materials under the Dual Filing regime
- Administer the Codes on Takeovers and Mergers and
Share Repurchases
- Consider requests for exemptions from prospectus
requirements under the Companies Ordinance
- Enquire into listed companies¡¦ suspected
prejudicial or fraudulent transactions or provision
of false or misleading information to the public
|
| Hong Kong Exchanges and Clearing Limited
(HKEx) |
- Oversee the performance of its role as the frontline
regulator of listingrelated matters
- Approve the creation of new markets, new products
and changes to its rules and regulations
- Monitor HKEx¡¦s own compliance with
the Listing Rules
- Monitor the trading of shares, options and futures
on its markets
- Oversee its systems and technology
|
| Approved share registrars |
- Approve the Federation of Share Registrars as an
association whose members shall be approved share
registrars
- Require approved share registrars to comply with
the requirements of the Code of Conduct for Share
Registrars
|
| Investor Compensation Company Limited (ICC) |
- Recognise the ICC as an independent compensation
company
- Approve the rules and any amendment of rules of
the ICC
- Require the ICC to prepare and regularly submit
financial statements, auditors¡¦ report
and other documents to the SFC
|
| All participants in trading activities |
- Monitor unusual market movements and direct trade
suspension of related stocks to maintain an informed
and orderly market
- Investigate and take action against market misconduct
and other breaches of the law
|
