It is our statutory duty to administer the Securities and Futures Ordinance (SFO) and certain parts of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (CWUMPO) relating to the securities market. The ordinances, in turn, set out our regulatory functions, powers and duties.
Securities and Futures Ordinance
The SFO (along with its subsidiary legislation) is the principal legislation to regulate the securities and futures industry in Hong Kong. As a legislative instrument, it is a consolidated and amended package of the regulations pertaining to:
- financial products,
- securities and futures market and industry, and
- protection of investors.
Click here to access the provisions of the SFO (with subsidiary legislation).
Companies (Winding Up and Miscellaneous Provisions) Ordinance
The CWUMPO (along with its subsidiary legislation), which provides for the SFC to authorize prospectuses of the offerings of shares or debentures and/or to grant relevant exemptions.
Click here to access the provisions of the CWUMPO (with subsidiary legislation).