Consultations and conclusions

Our public consultation exercises help market participants understand the objectives of our proposals and allow us to consider comments from the industry when formulating regulations and standards. They also help ensure that our proposals meet the needs of the market and take the interests of the investing public into consideration.

We consistently exceed statutory requirements for consulting the public on rules we propose to make under the Securities and Futures Ordinance by consulting both on proposed non-statutory codes and guidelines and on amendments to them. To know more about how we conduct public consultations, please view our Public Consultation Procedures.

Printed copies of recent consultation papers and conclusions are available from our office.

Consultation paper Responses Consultation conclusions
Sep 2019
Consultation Paper on the Proposed Regulatory Regime for Depositaries of SFC-authorized Collective Investment Schemes
Pending Pending
Dec 2017
Consultation Paper on Proposed Amendments to the Code on Unit Trusts and Mutual Funds
Dec 2018
View responses
Dec 2018
Consultation Conclusions on Proposed Amendments to the Code on Unit Trusts and Mutual Funds
Jun 2017
Consultation Paper on the Securities and Futures (Open-ended Fund Companies) Rules and Code on Open-ended Fund Companies
May 2018
View responses
May 2018
Consultation Conclusions on Securities and Futures (Open-ended Fund Companies) Rules and Code on Open-ended Fund Companies
May 2017
Consultation Paper on the Proposed Guidelines on Online Distribution and Advisory Platforms
Mar 2018
View responses
Mar 2018
Consultation Conclusions on the Proposed Guidelines on Online Distribution and Advisory Platforms and Further Consultation on Offline Requirements Applicable to Complex Products
Nov 2016
Consultation Paper on Proposals to Enhance Asset Management Regulation and Point-of-sale Transparency
Nov 2017
View responses
Nov 2017
Consultation Conclusions on Proposals to Enhance Asset Management Regulation and Point-of-sale Transparency and Further Consultation on Proposed Disclosure Requirements Applicable to Discretionary Accounts
Jun 2014
Consultation paper on the proposals to amend publication requirements relating to offer and redemption prices or net asset value, and notices of dealing suspension under the Code on Unit Trusts and Mutual Funds
Dec 2014
View responses
Dec 2014
Consultation conclusions on the proposals to amend publication requirements relating to offer and redemption prices or net asset value, and notices of dealing suspension under the Code on Unit Trusts and Mutual Funds
Jan 2014
Consultation Paper on Amendments to the Code on Real Estate Investment Trusts
Jul 2014
View responses
Jul 2014
Consultation Conclusions on Amendments to the Code on Real Estate Investment Trusts
Sep 2009
Consultation Paper on Proposals to Enhance Protection for the Investing Public
Sep 2009
View responses
May 2010
Consultation Conclusions on Proposals to Enhance Protection for the Investing Public (full paper)
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)
May 2008
View responses
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)
Jan 2008
Consultation Paper on the Proposed Streamlining of the Pre-Vetting of Notices and Advertisements of Relevant Authorised Collective Investment Schemes
Feb 2008
View responses
Jun 2008
Consultation Conclusions on the Proposed Streamlining of the Pre-Vetting of Notices and Advertisements of Relevant Authorised Collective Investment Schemes
May 2005
Consultation Paper on the Review of Chapter 8.7 of the Code on Unit Trusts and Mutual Funds
Jun 2005
View responses
Sep 2005
Consultation Conclusions on Consultation Paper on the Review of Chapter 8.7 of the Code on Unit Trusts and Mutual Funds
Mar 2005
Consultation Paper on Draft Practice Note on Overseas Investments by SFC-Authorised Real Estate Investment Trusts
Apr 2005
View responses
Jun 2005
Consultation Conclusions on Draft Practice Note on Overseas Investments by SFC-authorised Real Estate Investment Trusts
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
Mar 2005
View responses
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
Mar 2003
Consultation Paper on the Draft Guidelines for Regulating Index Tracking Exchange Traded Funds Under the Code on Unit Trusts and Mutual Funds
Apr 2003
View responses
Oct 2003
Consultation Conclusions on the Draft Guidelines for Regulating Index Tracking Exchange Traded Funds under the Code on Unit Trusts and Mutual Funds
Mar 2003
Consultation Paper on the Draft Code on Real Estate Investment Trusts
Mar 2003
View responses
Jul 2003
Consultation Conclusions on The Draft Code on Real Estate Investment Trusts
Sep 2002
Consultation Paper on Hedge Funds Reporting Requirements Guidelines on Hedge Funds Reporting Requirements
Sep 2002
View responses
Nov 2002
Consultation Conclusions on the Hedge Funds Reporting Requirements
Oct 2001
Consultation on the Offering of Hedge Funds
Nov 2001
View responses
May 2002
Consultation Conclusions on the Offering of Hedge Funds
Jul 2001
A Consultation Paper on Proposed Index Funds Provisions for the Code on Unit Trusts and Mutual Funds
- - Jan 2002
Consultation Conclusions on the Proposed Provisions for Index Funds in the Code on Unit Trusts and Mutual Funds
Nov 2000
A Consultation Paper on a CIS Internet Guidance Note (Guidance Notes for Persons Advertising or Offering Collective Investment Schemes on the Internet)
- - May 2001
Consultation Conclusions on the Proposed CIS Internet Guidance Note (Guidance Note for Persons Advertising or Offering Collective Investment Schemes on the Internet)
Dec 1991
Offers of Securities and Other Investments - Report of a Working Group
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