The Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) today published consultation conclusions on legislative proposals to regulate virtual asset (VA) dealing and custodian service providers in Hong Kong (Note 1). At the same time, the FSTB and the SFC commenced a further consultation on new regimes for providers of VA advisory and management services. With broad market support, the FSTB and the SFC will proceed with the legis

The Shatin Magistrates’ Courts today sentenced Ms Wong Yuk Lan, a former Administration Controller of China All Access (Holdings) Limited (China All Access), to eight months of imprisonment, following her conviction for false trading in a market manipulation prosecution brought by the Securities and Futures Commission (SFC). She was also ordered to pay the SFC’s investigation costs. Wong had been remanded in custody since her conviction by the Court on 3 December 2025, pendin

The Eastern Magistrates’ Courts today sentenced Mr Choi Chun Wai, a former Vice President of Computershare Hong Kong Investor Services Limited (Computershare) to two months of imprisonment after he was convicted of insider dealing in the shares of ENM Holdings Limited (ENM) (Notes 1 to 3). Choi was ordered to pay a fine of $289,500, which is equivalent to the losses he had avoided when dealing in the ENM shares. The Court also ordered him to pay the Securities and Futures Com

Hong Kong’s capital markets made significant progress in deepening market connectivity while driving financial innovation and diversification, according to the Securities and Futures Commission’s (SFC) July-September 2025 Quarterly Report published today. The city has continued to bolster its super-connector role through deeper connections with both overseas and Mainland markets. Globally, the SFC has signed a total of six memoranda of understanding so far this year, inclu

The Securities and Futures Commission (SFC) has obtained a court order, by consent between the SFC and Mr Ng Kwok Fai, from the Court of First Instance to freeze more than $101 million in cash in the personal bank account of Ng, a suspected shadow director of Teamway International Group Holdings Limited (Teamway), in legal proceedings under section 214 of the Securities and Futures Ordinance (SFO) over alleged corporate misconduct (Note 1). This came after Ng and others agree

The Securities and Futures Commission (SFC) has reprimanded and fined EFG Bank AG (EFG) $10.85 million for failures relating to product due diligence, record-keeping and late reporting between January 2015 and December 2020 (Relevant Period) (Notes 1 and 2). The SFC’s investigation stemmed from a self-report from EFG and a referral of findings from the HKMA (Note 3). Regarding product due diligence, EFG failed to take into account special features of various products when con

The Shatin Magistrates’ Court has convicted Ms Wong Yuk Lan, Administration Controller of China All Access (Holdings) Limited (China All Access), for false trading in the company’s shares, following a prosecution brought by the Securities and Futures Commission (SFC) (Notes 1 to 3). Wong was remanded to custody for sentencing on 17 December 2025, pending background report. The Court was told that Wong was the “de facto wife” of Mr Chan Yuen Ming, Chairman of China All Access

The Eastern Magistrates’ Courts today convicted Mr Choi Chun Wai, former Vice President of Computershare Hong Kong Investor Services Limited (Computershare) (Note 1), of insider dealing in the shares of ENM Holdings Limited (ENM) following a criminal prosecution by the Securities and Futures Commission (SFC) (Note 2). Choi pleaded guilty to the offence of insider dealing. The Court remanded him in custody and adjourned the case to 18 December 2025 for sentencing. On 2 June 20