SFC issues first-quarter report

17 Aug 2015



The Securities and Futures Commission (SFC) today published its Quarterly Report summarising key developments from April to June 2015.

Among the regulatory highlights featured in the report, the SFC concluded a consultation on proposals to enhance and standardize the regulatory obligations imposed on operators of alternative liquidity pools and a consultation on proposed amendments to the Securities and Futures Ordinance for the SFC to provide supervisory assistance to regulators outside Hong Kong in certain situations.

Additionally, the SFC entered into a memorandum of regulatory cooperation with the China Securities Regulatory Commission as part of preparations for the 1 July launch of the Mutual Recognition of Funds scheme, which allows qualified funds in the Mainland and Hong Kong to be sold directly into the other market.

During the quarter, the SFC prosecuted two corporations and seven individuals for market misconduct and disciplined eight licensees. Proceedings were also resolved to recover $191 million of a collapsed private hedge fund’s assets for about 340 overseas investors.

The report is available on the SFC website under "Published resources> Corporate publications> Quarterly reports".



Page last updated : 17 Aug 2015