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Regulatory News


The Association Urges the SFC to Optimise the CVAP Examination and Raises Concerns over Operating Costs under New VA Policies
On 3 July 2026, the Hong Kong Securities and Futures Professionals Association (the “Association”) visited the Legislative Council and held a meeting with Mr. Joseph Chan, Under Secretary for Financial Services and the Treasury, along with other secretaries, as well as regulatory
3 days ago


SFC mandates phishing-resistant authentication methods for internet brokers and VATPs to protect client accounts
The Securities and Futures Commission (SFC) today issued a circular requiring internet brokers and virtual asset trading platform operators (VATPs) to adopt phishing-resistant authentication methods for client login and device binding (Notes 1 and 2), amid the growing threat o...
Jul 10


SFC suspends Wong Tim Hi for nine months
The Securities and Futures Commission (SFC) has suspended the licence of Mr Wong Tim Hi (also known as Timmy Wong), a former licensed representative of Yuanta Securities (Hong Kong) Company Limited (Yuanta), for nine months from 3 July 2026 to 2 April 2027 (Note 1).
Jul 10


Joint announcement of the Hong Kong FIC Trading Platform
The People’s Bank of China (PBOC), the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) jointly welcomed the collaboration between the China Foreign Exchange Trade System (CFETS) and Hong Kong Exchanges and Clearing Limited (HKEX) to develop ...
Jul 10


Hong Kong’s AUM grew 20% to record high: SFC’s 2025 survey on asset and wealth management
Hong Kong delivered a standout year as a leading global asset and wealth management hub in 2025, as total assets under management (AUM) jumped 20% year-on-year (YoY) to a record high of $42.2 trillion (US$5.4 trillion), according to the Securities and Futures Commission's (SFC...
Jul 3


SFC obtains worldwide freezing order against Lo Kai Bong and Major Success Group Limited
The Court of First Instance granted the Securities and Futures Commission (SFC) a worldwide injunction over the assets of Mr Lo Kai Bong, chairman, executive director and controlling shareholder of LET Group Holdings Limited (LET) and Summit Ascent Holdings Limited (Summit Asc...
Jun 26


SFC seeks share buy-out order against former chairman of Target Insurance (Holdings) Limited
The Securities and Futures Commission (SFC) has commenced legal proceedings in the Court of First Instance to seek an order requiring Mr Ng Yu – former chairman, executive director, and non-executive director of Target Insurance (Holdings) Limited (Target Holdings) – to buy ou...
Jun 18


Movie producer Wong Pak Ming sentenced to jail and fined in SFC’s insider dealing prosecution
The West Kowloon Magistrates’ Court today sentenced well-known movie producer Mr Wong Pak Ming to five months of imprisonment, following his conviction of insider dealing in the shares of Pegasus Entertainment Holdings Limited (Pegasus) in a criminal prosecution brought by the...
Jun 13
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