SFC Regulatory Round-up 2024
📢 Summary of SFC’s Key Regulatory Updates in 2024 📢
In 2024, the Securities and Futures Commission (“SFC”) released its Strategic Priorities for 2024 – 2026, focusing on ensuring market resilience, enhancing Hong Kong’s competitiveness, driving technological and ESG transformation, and boosting operational efficiency in Hong Kong. Within our annual SFC Regulatory Update Newsletter, we summarize the key topics and updates from the SFC in 2024, which include:
➡️ Publication of New Quick Reference Guides for Licensing;
➡️ Launch of the e-IP Portal on WINGS Platform;
➡️ Launch of FASTrack to Expedite Fund Authorizations;
➡️ Securing the First Conviction for Securities Fraud via Illegal Short Selling;
➡️ Publication of a Revised Circular to Provide Guidance on SFC-authorised Feeder ETFs under Master-Feeder Structure Investments into Overseas-Listed Master ETFs;
➡️ First Joint Enforcement Action with Insurance Authority Against an Intermediary for Suspected Breaches;
➡️Publication of Consultation Conclusions for Market Sounding Guidelines;
➡️Issuance of licenses for several virtual asset trading platforms;
➡️ Extension of the Government’s Grant Scheme for OFCs and REITs; and
➡️ Supporting the Publication of a Voluntary ESG Code of conduct; among many others.
We invite you to read our publication below.
– The comments raised within this article do not form a legal opinion nor should they be construed as being legal advice –
