Securities and Futures Commission (SFC)
Market abuse is a bigger risk than financial short-selling
Effort by regulators to ban naked short-selling on financial stocks is misplaced, as market abuse from short-selling on small cap stocks based on insider information is a more real problem, says Lombard Odier's hedge fund arm
Structurers plead with Hong Kong SFC to retain ‘safe harbour’ rules
Providers of structured products fear a collapse in private placement volumes and a shift of business to Singapore following a proposal from Hong Kong’s Securities and Futures Commission to remove rules that ease offering requirements. Georgina Lee…
Structurers call on SFC not to remove ‘safe harbour’ rules
Providers fear collapse in private placement volumes and shift of business to Singapore
Regulatory wrangling
Structured products
Hong Kong SFC appoints chairman
Hong Kong’s Securities and Futures Commission (SFC) has appointed Eddy Fong as chairman with effect from October 20. The position had been vacant since late June, when previous chairman Martin Wheatley became chief executive.
Hong Kong’s SFC makes senior appointments
Hong Kong’s Securities and Futures Commission (SFC) has promoted Keith Lui to the position of executive director, supervision of markets. Lui, who has worked for the SFC for 14 years, began his three-year term as executive director on August 28, and will…
Hong Kong securities watchdog issues report on mis-selling
Hong Kong securities industry watchdog, the Securities and Futures Commission (SFC), has issued a report that highlights the problem of mis-selling of financial products by investment advisers (IAs) and their lack of compliance with existing guidelines.
HKEx to hire World Bank director as COO
Hong Kong Exchanges and Clearing (HKEx) plans to hire Patrick Conroy, director of the financial sector global partnerships group at the World Bank, as chief operating officer (COO) of the exchange.
Schroders to enter HK retail hedge fund market
Schroders Investment Management plans to launch its flagship fund of hedge funds products in Hong Kong, says Nicholas Chalmers, associate director in the alternative investment group at Schroders in Hong Kong. The move follows regulatory changes last May…
Hedge funds open to retail investors in HK
A new ruling by Hong Kong's Securities and Futures Commission (SFC) today will allow retail investors in the Special Administrative Region to buy hedge funds from the third quarter of this year.
Hong Kong plans to extend derivatives trading hours
The Hong Kong Exchange (HKEx) is consulting the industry on whether to extend the trading hours of Hong Kong stock-related derivatives and their underlying assets. Currently, stock options and futures contracts are traded for a total four and a half…
HKEx to offer international stock futures/options
The Hong Kong Exchanges and Clearing (HKEx) plans to introduce 20 international stock futures and 20 international stock options contracts, which are due to start trading on October 4, subject to approval from the Securities and Futures Commission (SFC).