Consultation Papers and Conclusions
Recent publications are available from the SFC's Reception Desk, located on the 8th Floor, Chater House, 8 Connaught Road Central, Hong Kong (while stock lasts). For enquiries, please call 28409222. To help the public understand what we do in respect of public consultations, please refer to " Public Consultation Procedures " for details.
Please contact the SFC direct to enquire about the conclusions papers for those consultations conducted before 2003.
Date Consultation Paper Date Consultation Conclusions
July 2010 Consultation Paper Concerning the Regulatory Oversight of Credit Rating Agencies    
Apr 2010 Consultation Paper on (1) the proposal to stop commenting on routine announcements under the Codes on Takeovers and Mergers and Share Repurchases and (2) proposed miscellaneous amendments to the Codes Jun 2010 Consultation Conclusions on (1) the proposal to stop commenting on routine announcements under the Codes on Takeovers and Mergers and Share Repurchases and (2) proposed miscellaneous amendments to the Codes (PDF file)
Mar 2010 Consultation Paper on the Draft Guidelines on Disclosure of Inside Information    
Jan 2010 Consultation Paper on (1) the proposal to extend the application of the Codes on Takeovers and Mergers and Share Repurchases to SFC-authorised real estate investment trusts and related amendments and (2) the proposal to extend Parts XIII to XV of the Securities and Futures Ordinance to listed collective investment schemes Jun 2010 Consultation Conclusions on (1) the proposal to extend the application of the Codes on Takeovers and Mergers and Share Repurchases to SFC-authorised real estate investment trusts and related amendments and (2) the proposal to extend Parts XIII to XV of the Securities and Futures Ordinance to listed collective investment schemes (PDF file)
Dec 2009 Joint consultation paper on a proposed operational model for implementing a scripless securities market in Hong Kong    
Oct 2009 Consultation paper on Possible Reforms to the Prospectus Regime in the Companies Ordinance and the Offers of Investments Regime in the Securities and Futures Ordinance Apr 2010 Consultation Conclusions on Possible Reforms to the Prospectus Regime in the Companies Ordinance and the Offers of Investments Regime in the Securities and Futures Ordinance(PDF file)
Sept 2009 Consultation Paper on Proposals to Enhance Protection for the Investing Public May 2010 Consultation Conclusions on the proposals to enhance protection for the investing public
July 2009 Consultation on increasing short position transparency Mar 2010

Consultation Conclusions on Increasing Short Position Transparency(PDF file)

Feb 2009 Consultation paper on proposed changes to the definition of "dealing in futures contracts" Jul 2009 Consultation conclusions paper: Proposed amendments to allow remote participants in the futures market(PDF file)
May 2008 Consultation Paper on the Proposed Amendments to the Guidelines for the Exemption of Listed Corporations from Part XV of the Securities and Futures Ordinance (Disclosure of Interests) Oct 2008 Consultation Conclusions on the Proposed Amendments to the Guidelines for the Exemption of Listed Corporations from Part XV of the Securities and Futures Ordinance (Disclosure of Interests) (PDF file)
Apr 2008 Joint Consultation Paper on the Proposal to allow a Companies Ordinance (CO) Offeror to issue a CO Paper Application Form for Shares in or Debentures of a Company to be listed on SEHK, and a Collective Investment Scheme (CIS) Offeror to supply a CIS Paper Application Form for Interests in an SFC-authorised CIS to be listed on SEHK, with a Listing Document Displayed on Certain Websites    
Jan 2008 Consultation Paper on the Proposed Streamlining of the Pre-Vetting of Notices and Advertisements of Relevant Authorised Collective Investment Schemes Jun 2008

Consultation Conclusions on the Proposed Streamlining of the Pre-Vetting of Notices and Advertisements of Relevant Authorised Collective Investment Schemes (PDF file)
Nov 2007 A Consultation Paper on the Proposal
to Mandate Electronic Submission of
Disclosure of Interests Notices		 Apr 2008 Consultation Conclusions on the Proposal to Make Electronic Submission of Disclosure of Interests Notices Mandatory Hong Kong (PDF file)
Nov 2007 Consultation Paper on Electronic Submission of Finanical Returns Mar 2008 Consultation Conclusion on Electronic Submission of Finanical Returns (PDF file)
Nov 2007 Consultation Paper on Proposed Amendments to the Introduction to the Codes on Takeovers and Mergers and Share Repurchases and Proposed New Procedures for Hearings Under the Codes Mar 2008 Consultation Conclusions on Proposed Amendments to the Introduction to the Codes on Takeovers and Mergers and Share Repurchases and Proposed Procedures for Hearings Under the Codes (PDF file)
Sep 2007 Consultation Paper on Proposed Amendments to the Codes on Takeovers and Mergers and Share Repurchases Jun 2008 Consultation Conclusions on proposed amendments to the Codes on Takeovers and Mergers and Share Repurchases (PDF file)
May 2007 A Consultation Paper on Proposed
Amendments to the Securities and Futures
(Contracts Limits and Reportable
Positions) Rules and Proposed
Corresponding Amendments to the
Guidance Note on Position Limits and
Large Open Position Reporting
Requirements		 Sep 2007 Consultation Conclusions on Proposed Amendments to the Securities and Futures (Contracts Limits and Reportable Positions) Rules and Proposed Corresponding Amendments to the Guidance Note on Position Limits and Large Open Position Reporting Requirements (PDF file)
Mar 2006 The draft Guidelines on Marketing Materials for Listed Structured Products set out in the Hong Kong's Derivative Warrants Market - the Way Forward, Results of the Consultation on the SFC's Six-Point Plan Sep 2006 Consultations Conclusions on the Draft Guidelines on Marketing Materials for Listed Structured Products (PDF file)
Nov 2005 A Healthy Market for Informed Investors - A Report on the Derivative Warrants Market in Hong Kong Mar 2006 Hong Kong's Derivative Warrants Market - the Way Forward, Results of the Consultation on the SFC's Six-Point Plan (PDF file)
Aug 2005 Consultation Paper on Possible Reforms to the Prospectus Regime in the Companies Ordinance Sep 2006 Consultation Conclusions on the Consultation Paper on Possible Reforms to the Prospectus Regime in the Companies Ordinance (PDF file)
June 2005 Consultation Paper on the Regulation of Sponsors and Compliance Advisers Apr 2006 Consultation Conclusions to the Consultation Paper on the Regulation of Sponsors and Compliance Advisers (PDF file)
May 2005 Consultation Paper on the Review of Chapter 8.7 of the Code on Unit Trusts and Mutual Funds Sep 2005 Consultation Conclusions on Consultation Paper on the Review of Chapter 8.7 of the Code on Unit Trusts and Mutual Funds (PDF file)
Apr 2005 Consultation Paper on the Proposed Revised Prevention of Money Laundering and Terrorist Financing Guidance Note Oct 2005 Consultation Conclusions on the Proposed Revised Prevention of Money Laundering and Terrorist Financing Guidance Note (PDF file)
Mar 2005 Consultation Paper on Draft Practice Note on Overseas Investments by SFC-Authorised Real Estate Investment Trusts
June 2005 Consultation Conclusions on Draft Practice Note on Overseas Investments by SFC-authorised Real Estate Investment Trusts (PDF file)
Feb 2005 Consultation Paper on Investments in Real Estate Investment Trusts by Collective Investment Schemes Authorised under the Code on Unit Trusts and Mutual Funds Apr 2005 Consultation Conclusions on Investments in Real Estate Investment Trusts by Collective Investment Schemes Authorised under the Code on Unit Trusts and Mutual Funds (PDF file)
Feb 2005 Consultation Paper on Proposed Amendments to Schedule 5 to the Securities and Futures Ordinance Sep 2005 Consultation Conclusions on Proposed Amendments to Schedule 5 to the Securities and Futures Ordinance (PDF file)
Jan 2005 Consultation Paper on the Review of the Disclosure of Interests Regime under Part XV of the Securities and Futures Ordinance May 2005 Consultation Conclusions on the Review of the Disclosure of Interests Regime under Part XV of the Securities and Futures Ordinance (PDF file)
Jan 2005 A Consultation Paper on Proposed Amendments to the Securities and Futures (Stock Market Listing) Rules Feb 2007 Consultation Conclusions on Proposed Amendments to the Securities and Futures
(Stock Market Listing) Rules (PDF file)
Dec 2004 A Consultation Paper on the Review of the Level and Funding of the Investor Compensation Fund, Broker Defaults since 1998 and the Operation of the Investor Compensation Arrangements Mar 2005 Consultation Conclusions on the Review of the Level and Funding of the Investor Compensation Fund, Broker Defaults since 1998 and the Operation of the Investor Compensation Arrangements (PDF file)
Nov 2004 A Consultation Paper on a review of the Codes on Takeovers and Mergers and Share Repurchases Aug 2005 Consultation Conclusions on a Review of the Codes on Takeovers and Mergers and Share Repurchases (PDF file)
Sept 2004 Consultation Paper on Proposed Measures to Address Risks Arising from Securities Margin Financing Apr 2006 Consultation Conclusions on Proposed Measures to Address Risks Arising from Securities Margin Financing (PDF file)
Aug 2004 Consultation Paper on the Proposed Repeal of Certain Class Exemptions made under section 38A(2)/342A(2) of the Companies Ordinance Nov 2004 Consultation Conclusions on the Proposed Repeal of Certain Class Exemptions made under section 38A(2)/342A(2) of the Companies Ordinance (PDF file)
Mar 2004 Consultation Paper on the Regulatory Framework for Addressing Analyst Conflicts of Interest Nov 2004 Consultation Conclusions on the Regulatory Framework for Addressing Analyst Conflicts of Interest (PDF file)
Oct 2003 Consultation Paper on the Draft Guidelines on Good Disclosure of Securities Services Related Fees and Charges Nov 2004 Consultation Conclusions on the Draft Guidelines on Good Disclosure of Securities Services Related Fees and Charges (PDF file)
Sept 2003 Securities and Futures Ordinance - Consultation on the Securities and Futures (Contracts Limits and Reportable Positions) (Amendment) Rules 2003 and proposed revisions to the Guidance Note on Position Limits and Large Open Position Reporting Requirements Mar 2004 Consultation Conclusions on the Securities and Futures (Contracts Limits and Reportable Positions)(Amendment) Rules 2003 and proposed amendments to the Guidance Note on Position Limits and Large Open Position Reporting Requirements (PDF file)
Jul 2003 Consultation Paper on a Proposed Amendment to the Securities and Futures (Price Stabilizing) Rules in Relation to Recognition of Overseas Rules Nov 2003 Consultation Conclusions on a Proposed Amendment to the Securities and Futures (Price Stabilizing) Rules in Relation to Recognition of Overseas Rules (PDF file)

May 2003

Consultation Paper on Regulation of Sponsors and Independent Financial Advisers

Oct 2004 Consultation Conclusions on the Regulation of Sponsors and Independent Financial Advisers (PDF file)

May 2003

Consultation Paper on the Proposal to Empower the Securities and Futures Commission to Initiate a Derivative Action on Behalf of a Company

Nov 2003 Consultation Conclusions on the Proposal to Empower the Securities and Futures Commission to Initiate a Derivative Actions (PDF file)
Mar 2003 Consultation Paper on the Draft Guidelines for Regulating Index Tracking Exchange Traded Funds Under the Code on Unit Trusts and Mutual Funds Oct 2003 Consultation Conclusions on the Draft Guidelines for Regulating Index Tracking Exchange Traded Funds under the Code on Unit Trusts and Mutual Funds (PDF file)
Mar 2003 Consultation Paper on Proposed Amendments to the Companies Ordinance to Facilitate Offers of Shares and Debentures Nov 2003 Consultation Conclusions on Proposed Amendments to the Companies Ordinance to Facilitate Offers of Shares and Debentures (PDF file)
Mar 2003 Consultation Paper on the Draft Code on Real Estate Investment Trusts Jul 2003 Consultation Conclusions on The Draft Code on Real Estate Investment Trusts (PDF file)
Jan 2003 Consultation Paper on the Proposed Revisions to the Guidelines for Registered Persons Using the Internet to Collect Applications for Securities in an Initial Public Offering

Apr 2003

 Consultation Conclusions on the Draft Guidelines for Persons Using the Internet to Collect Applications for Securities in a Public Offering (PDF file)
Jan 2003 Consultation Paper on the Guidance Note on Position Limits and Large Open Position Reporting Requirements Mar 2003 Consultation Conclusions on the Guidance Note on Position Limits and Large Open Position Reporting Requirements (PDF file)
Jan 2003 Consultation Document on the Proposed Revisions to the Guidance Notes Issued by the Securities and Futures Commission on Money Laundering Mar 2003 Consultation Conclusions on the Proposed Revisions to the Guidance Note Issued by the Securities and Futures Commission on Money Laundering (PDF file)
SEE ON THE SITE PUBLICATION DATE
IN FULL Consultation Conclusions on Proposals for a Scripless Securities Market (PDF file) Sept 2003
IN FULL Consultation Conclusions on the Proposed Revisions to the Code of Conduct for Persons Registered with the Securities and Futures Commission (PDF file) Feb 2003
IN FULL Consultation Conclusions on the Hedge Funds Reporting Requirements (PDF file) Nov 2002
IN FULL Consultation Document on the Proposed Revisions to the Code of Conduct for Persons Registered with the Securities and Futures Commission Nov 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Financial Resources) Rules (PDF file) Oct 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Fees) Rules (PDF file) Sept 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Insurance) Rules (PDF file) Sept 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Offences and Penalties) Regulations (PDF file) Sept 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Intermediary Information) Rules (PDF file) Sept 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Miscellaneous) Rules (PDF file) Sept 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures Ordinance (Amendments of Schedule 8) Order (PDF file) Sept 2002
IN FULL Consultation Paper on Hedge Funds Reporting Requirements
Guidelines on Hedge Funds Reporting Requirements 		Sept 2002
IN FULL Consultation Paper on the Securities and Futures (Amendments of Schedule 8) Orders Aug 2002
IN FULL Consultation Paper on the Draft Securities and Futures (Fees) Rules Jul 2002
IN FULL

Consultation Conclusions on the Proposed Licensing Fees under the Securities and Futures (Fees) Rules (PDF file)

Jul 2002
IN FULL Consultation Paper on the Draft Securities and Futures (Offences and Penalties) Regulations Jul 2002
IN FULL Consultation Conclusions on the Securities and Futures (Stock Market Listing) Rules and the Securities and Futures (Transfer of Functions - Stock Exchange Company) Order (PDF file) Jul 2002
IN FULL Consultation Paper on the Securities and Futures (Intermediary Information) Rules Jul 2002
IN FULL Jul 2002
IN FULL Jul 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Short Selling Exemption and Stock Lending) Rules (PDF file) Jul 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Accounts and Audit) Rules (PDF file) Jul 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Client Money) Rules (PDF file) Jul 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Client Securities) Rules (PDF file) Jul 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Keeping of Records) Rules (PDF file) Jul 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Leveraged Foreign Exchange Trading - Exemption) Rules (PDF file) Jul 2002
IN FULL Consultation Conclusions on the Securities and Futures (Price Stabilizing) Rules (PDF file) Jul 2002
IN FULL Consultation Paper on the Draft Securities and Futures (Miscellaneous) Rules Jul 2002
IN FULL Consultation Paper on the Draft Securities and Futures (Insurance) Rules Jun 2002
IN FULL Consultation Paper on the Securities and Futures (Financial Resources) Rules Jun 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Contract Notes, Statements of Account and Receipts) Rules (PDF file) Jun 2002
IN FULL Consultation Conclusions on the Securities and Futures (Levy) Order and the Securities and Futures (Levy) Rules (PDF file) Jun 2002
IN FULL Consultation Conclusions on the Securities and Futures (Registration of Commission Disciplinary Orders) Rules (PDF file) Jun 2002
IN FULL Consultation on Draft Securities and Futures (Leveraged Foreign Exchange Trading - Exemption) Rules Jun 2002
IN FULL

Consultation Conclusions on the
i) Securities and Futures (Investor Compensation - Levy) Rules,
ii) Securities and Futures (Investor Compensation - Compensation Limits) Rules,
iii) Securities and Futures (Transfer of Functions - Investor Compensation Company) Order, and
iv) Securities and Futures (Investor Compensation - Claims) Rules (PDF file)

Jun 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Professional Investor) Rules (PDF file) Jun 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Gold Purchase) Notice (PDF file) Jun 2002
IN FULL Consultation Conclusions on the Proposed Amendments to the Financial Resources Rules made under section 28 of the Securities and Futures Commission Ordinance (Cap. 24) (PDF file)
 May 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Associated Entities) Rules (PDF file) May 2002
IN FULL Consultation Paper on the Securities and Futures (Short Selling Exemption and Stock Lending) Rules May 2002
IN FULL Consultation Paper on the Securities and Futures (Disclosure of Interests - Exclusions) Regulation May 2002
IN FULL Consultation Paper on the Proposed Stock Market Listing Rules and Transfer of Functions Order May 2002
IN FULL Consultation Conclusions on the Offering of Hedge Funds (PDF file) May 2002
IN FULL Consultation Conclusion on the Draft Securities and Futures (Recognized Counterparty) Rules (PDF file) Apr 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Contract Limits and Reportable Positions) Rules (PDF file) Apr 2002
IN FULL Consultation Conclusion on the Draft Securities and Futures (Leveraged Foreign Exchange Trading - Arbitration) Rules (PDF file) Apr 2002
IN FULL Consultation Conclusions on the Draft Securities and Futures (Information) Rules (PDF file) Apr 2002
IN FULL Consultation Conclusion on the Draft Securities and Futures (Licensed Persons and Registered Institutions) Rules (PDF file) Apr 2002
IN FULL Consultation Conclusions on the Draft SFC Disciplinary Fining Guidelines (PDF file) Apr 2002
IN FULL Consultation Paper on the Securities and Futures (Levy) Order and the Securities and Futures (Levy) Rules Apr 2002
IN FULL A Consultation Paper on i) Securities and Futures (Investor Compensation) Rules, ii) Securities and Futures (Investor Compensation - Compensation Limits) Rules, iii) Securities and Futures (Transfer of Functions - Investor Compensation Company) Order, and iv) Securities and Futures (Investor Compensation - Miscellaneous) Rules Mar 2002
IN FULL

A Consultation Paper on the Securities and Futures (Leveraged Foreign Exchange Trading - Arbitration) Rules

Mar 2002
IN FULL Consultation Conclusions on Proposed New Investor Compensation Arrangements (PDF file) Mar 2002
IN FULL

A Consultation Paper on the Securities and Futures (Contracts Limits and Reportable Positions) Rules

Mar 2002
IN FULL Consultation Paper on the Securities and Futures (Registration of Commission Disciplinary Orders) Rules Mar 2002
IN FULL Consultation Paper on the Securities and Futures (Gold Purchase) Notice Mar 2002
IN FULL

Consultation Paper on the Securities and Futures (Associated Entities) Rules

 Mar 2002
IN FULL Consultation Paper on the Securities and Futures (Information) Rules Mar 2002
IN FULL

Consultation Conclusion on the Securities and Futures (Unsolicited Calls - Exclusion) Rules (PDF file)

Summary of comments received on Draft Securities and Futures (Unsolicited Calls - Exclusion) Rules (PDF file)

 Mar 2002
IN FULL Consultation Document on Proposed Licensing Fees Under the Securities and Futures (Fees) Rules Mar 2002
IN FULL Consultation Document on The Proposed Amendments to the Current Financial Resources Rules Mar 2002
IN FULL

Consultation Document on the Draft Securities and Futures (Keeping of Records) Rules

Feb 2002
IN FULL

Consultation Paper on the Draft Securities and Futures (Price Stabilizing) Rules

Feb 2002
IN FULL Consultation Conclusions on Draft Guidelines for the Regulation of Automated Trading Services (PDF file) Feb 2002
IN FULL Consultation Paper on Proposals for a Scripless Securities Market Feb 2002
IN FULL Consultation Document on the Draft Securities and Futures (Professional Investor) Rules Feb 2002
IN FULL Consultation Conclusions on the Proposed Provisions for Index Funds in the Code on Unit Trusts and Mutual Funds (PDF file) Jan 2002
IN FULL Consultation Conclusions on a Review of the Codes on Takeovers and Mergers and Share Repurchases Jan 2002
IN FULL Consultation Document on the Draft Securities and Futures (Accounts and Audit) Rules Dec 2001
IN FULL A Consultation Paper on the Securities and Futures (Disclosure of Interests - Securities Borrowing and Lending) Rules (PDF file)

Draft Securities and Futures (Disclosure of Interests - Securities Borrowing and Lending) Rules (PDF file)

Dec 2001
IN FULL SFC Stakeholder Survey 2001 (PDF file) Dec 2001
IN FULL Consultation Document on the Draft Securities and Futures (Recognized Counterparty) Rules Nov 2001
IN FULL Consultation Document on the draft Securities and Futures (Licensed Persons And Registered Institutions) Rules Nov 2001
IN FULL Corporate Finance Adviser Code of Conduct Consultation Conclusions (PDF file) Nov 2001
IN FULL Consultation Conclusions on the Draft Code of Conduct for Share Registrars (PDF file) Oct 2001
IN FULL Consultation on the Offering of Hedge Funds Oct 2001
IN FULL Consultation Document on the Draft Securities and Futures (Unsolicited Calls - Exclusion) Rules (PDF file)

Securities and Futures (Unsolicited Calls - Exclusion) Rules (PDF file)

 Oct 2001
IN FULL

Consultation Document on the Draft Securities and Futures (Contract Notes, Statements of Account and Receipts) Rules (PDF file)

Draft Securities and Futures (Contract Notes, Statements of Account and Receipts) Rules (PDF file)

 Sep 2001
IN FULL A Consultation Paper on the Draft Code of Conduct for Share Registrars (PDF file) Aug 2001
IN FULL A Consultation Paper on Proposed Index Funds Provisions for the Code on Unit Trusts and Mutual Funds (PDF file) Jul 2001
IN FULL Consultation Conclusions on the Proposed CIS Internet Guidance Note (Guidance Note for Persons Advertising or Offering Collective Investment Schemes on the Internet) (PDF file) May 2001
IN FULL

Consultation Document on the Draft Securities and Futures (Client Securities) Rules (PDF file)

Draft Securities and Futures (Client Securities) Rules (PDF file)

 Apr 2001
IN FULL

Consultation Document on the Draft Securities and Futures (Client Money) Rules (PDF file)

Draft Securities and Futures (Client Money) Rules (PDF file)

 Apr 2001
IN FULL Consultation Paper on a Review of the Codes on Takeovers and Mergers and Share Repurchases
(PDF file)		 Apr 2001
IN FULL Consultation Paper on Draft SFC Disciplinary Fining Guidelines Mar 2001
IN FULL Consultation Paper on Draft Guidelines for the Regulation of Automated Trading Services Mar 2001
IN FULL Proposed New Investor Compensation Arrangements Mar 2001
IN FULL A Consultation Paper on the Securities and Futures Bill - Part XV Forms Proposed for Disclosure of Interests Feb 2001
IN FULL A Consultation Paper for the Proposed Revised Code of Conduct for Persons Registered with the Securities and Futures Commission - Consultation Conclusion Report (PDF file) Feb 2001
IN FULL Consultation Paper on Code of Conduct for Regulated Persons Serving the Professional or Sophisticated Market: Consultation Conclusions (PDF file) Feb 2001
IN FULL A Consultation Paper on the Regulation of On-line Trading of Securities and Futures (PDF file) Dec 2000
IN FULL A Consultation Paper on a CIS Internet Guidance Note (Guidance Notes for Persons Advertising or Offering Collective Investment Schemes on the Internet) (PDF file) Nov 2000
IN FULL A Consultation Paper for the Proposed Revised Code of Conduct for Persons Registered with the Securities and Futures Commission Sep 2000
IN FULL Consultation Conclusion Report on Competence and Continuous Professional Training Requirement (PDF file) Jul 2000
IN FULL Consultation Paper on Code of Conduct for Regulated Persons Serving the Professional or Sophisticated Market (PDF file) Jul 2000
IN FULL A Consultation Paper for the Proposed Corporate Finance Adviser Code of Conduct May 2000
IN FULL Consultation Paper on Securities and Futures Bill (PDF file)

Securities and Futures Bill - White Bill (PDF file)		 Apr 2000
IN FULL Consultation Paper on Incidental Advice provided by Solicitors and Accountants (PDF file) Mar 2000
IN FULL Consultation Papers on Competence and Continuous Professional Training (PDF file) Mar 2000
IN FULL A Consultation Paper on a Review of the Hong Kong Code on Takeovers and Mergers Sep 1999
IN FULL Consultation Conclusions on Treasury Shares Jul 1999
IN FULL Overview Guide to the Proposed Securities and Futures Bill Jul 1999
IN FULL Consultation Paper on Review of Licensing Regime (PDF file) Jun 1999
IN FULL Consultation Conclusions on Proposed Amendments to The Securities (Disclosure of Interests) Ordinance (PDF file) Mar 1999
IN FULL A Consultation Paper on Treasury Shares Nov 1998
IN FULL A Consultation Paper on New Investor Compensation Arrangements for Hong Kong (PDF file) Sep 1998
IN FULL Consultation Paper on Proposed Amendments to The Securities (Disclosure of Interests) Ordinance (PDF file) Jun 1998
IN FULL Outline of Proposed Regulation of Share Margin Financing May 1998
Consultation Paper on Offer Mechanisms : Consultation Conclusions Feb 1998
Consultation Paper on a Review of the Hong Kong Code on Takeovers and Mergers Feb 1998
IN FULL Consultation Paper on Fund Manager Code of Conduct Sep 1997
IN FULL Consultation Paper on Offering Mechanisms
 Jun 1997
IN FULL Consultation Paper on Management, Supervision and Internal Control Guidelines for Persons Registered with or Licensed by the Securities and Futures Commission May 1997
IN FULL Response of the Securities and Futures Commission to the Public Consultation on the Review of the Leveraged Foreign Exchange Trading Regulatory System (PDF file) Apr 1997
Consultation Paper on the Review of the Financial Resources Rules Mar 1997
IN FULL Report of the Securities and Futures Commission Working Group on Automated Trading Systems - Public Consultation Feb 1997
IN FULL Main Proposed Revisions to a Draft for a Composite Securities and Futures Bill Dec 1996
IN FULL Consultation Paper on the Review of the Leveraged Foreign Exchange Trading Regulatory System (PDF file) Aug 1996
IN FULL A Draft for a Composite Securities and Futures Bill (PDF file) Apr 1996
IN FULL Consultation Paper on a Draft for a Composite Securities and Futures Bill Apr 1996
IN FULL Cash Commission Rebates and 'Soft Dollar' Benefits received by Managers From Brokers - Consultation Conclusion Dec 1994
Consultation Paper on Cash Commission Rebates and 'Soft Dollar' Benefits Jul 1994
IN FULL Code of Conduct for persons registered with the SFC Feb 1994
IN FULL Consultation on the draft code of conduct for persons registered with the SFC Nov 1993
A Simplified Outline of the Proposed Financial Resources Rules Jan 1992
Consultative Document on Draft Financial Resources Rules for Securities and Futures Intermediaries in Hong Kong Jan 1992
IN FULL Offers of Securities and Other Investments - Report of a Working Group Dec 1991
IN FULL Consultative Document on the Review of Licensing Regime Nov 1991
IN FULL Review of Policy Relating to Exemptions from the Registration Requirements of the Securities Ordinance Jan 1990
IN FULL "The Fit and Proper Criteria - A Consultative Document" Sep 1989
IN FULL Report of the Securities Review Committee - The Operation and Regulation of the Hong Kong Securities Industry May 1988