Search Results for: Securities and Futures Commission
Stock manipulator has agreed to pay nearly $800,000
August 3rd, 2017
The Securities and Exchange Commission today announced that an overseas stock manipulator has agreed to pay nearly $800,000 and be permanently barred from involvement in penny stocks after hiding his significant stake in a small oil & gas company ...
Financial Regulators around the world warn for unauthorized financial services firms
August 1st, 2017
The supervisory authorities of Austria (Financial Market Authority – FMA), Belgium (Financial Services and Markets Authority – FSMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC) and British Columbia (British Columbia ...
Regulators release conclusions on the OTC derivatives regulatory regime
June 28th, 2017
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today published conclusions on a joint consultation paper which proposed adjusting the scope of “OTC derivative product” under the over-the-counter (OTC) derivatives regulatory regime (Note 1). ...
Forex provider restricted to carry on all activities for which it is licensed
June 13th, 2017
The Securities and Futures Commission (SFC) today issued a Restriction Notice on IDS Forex HK Limited prohibiting the firm from carrying on all activities for which it is licensed, disposing of or dealing with any assets held by it ...
SFC consults on proposals to reduce hacking risks in internet trading
May 9th, 2017
The Securities and Futures Commission (SFC) today launched a two-month consultation on proposals to reduce and mitigate hacking risks associated with internet trading (Note 1). The proposals incorporate new guidelines (Note 2) which set out baseline cybersecurity requirements for ...
Beware of unauthorised providers of financial services
May 8th, 2017
The financial regulatory authorities of UK (Financial Conduct Authority – FCA) and Honk Kong (Securities and Futures Commission – SFC) have issued warnings to inform investors and public about unauthorized providers of financial services. According FCA’s warning, the Authority believes ...
Joint HKMA-SFC consultation on the OTC derivatives regulatory regime
April 27th, 2017
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today issued a joint consultation on the prescription of additional markets and clearing houses, and the prescription of Delta One Warrants (Note 1), for the purpose ...
SFC warns about Juno Markets
April 19th, 2017
The Securities and Futures Commission (SFC), Hong Kong financial regulator, has updated its “Alert List” adding Juno Markets / Juno Markets Limited. SFC released the below details for Juno Markets: Juno Markets / Juno Markets Limited Type: Unlicensed entities ...
SFC welcomes re-appointment of Non-Executive Director
April 13th, 2017
The Securities and Futures Commission (SFC) welcomes the re-appointment by the Financial Secretary of Mr Albert Au Siu-cheung as a Non-Executive Director for a term of two years with effect from 26 May 2017 (Note 1). “Mr Au’s advice ...
Supervisory Authorities around the world warn for unathorised financial services providers
March 16th, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Ireland (Central Bank of Ireland), Spain (Comisión Nacional del Mercado de Valores – CNMV), Luxembourg (Commission de Surveillance du Secteur Financier – CSSF), Hong Kong (Securities and ...
