Search Results for "sfc"
Hong Kong Authorities Warn Against Speculative Stablecoin Market Movements
The HKMA and SFC caution against speculative market activities related to stablecoins and emphasize the importance of informed investment decisions.
Record Sales of Investment Products in Hong Kong Highlighted by SFC-HKMA Survey
The SFC-HKMA joint survey reports a 40% surge in non-exchange-traded investment product sales in Hong Kong in 2024, reflecting robust market participation and investor confidence.
HSBC Fined HK$4.2 Million by SFC for Research Report Disclosure Failures
The Securities and Futures Commission has fined HSBC HK$4.2 million due to failures in disclosure requirements in research reports on Hong Kong-listed securities over an eight-year period.
Hong Kong's First Spot Bitcoin ETF Gains Approval, Echoing US SEC's Move
Hong Kong Securities and Futures Commission approves its first spot Bitcoin ETF, following the US SEC's lead, signaling a major milestone for cryptocurrency in mainstream finance.
Hong Kong Wants to Legalize Cryptocurrency Trading
Hong Kong wants to take action to become an international virtual assets center by launching several legal initiatives related to emerging technologies in the crypto industry.
Hong Kong to Submit Virtual Asset OTC Trading Licensing Scheme Bill
Hong Kong's Financial Secretary, Christopher Hui, plans to introduce a licensing scheme for virtual asset OTC trading platforms to combat crime and promote transparency in digital transactions.
Gemini Co-founder Tyler Winklevoss Shares Excitement about Hong Kong's Crypto Leadership
During Gemini's global tour, co-founder Tyler Winklevoss had an insightful meeting with Hong Kong's regulatory authority for crypto, the SFC (Securities and Futures Commission). Expressing his enthusiasm, Winklevoss took to Twitter to share his thoughts on the city's thoughtful and clear approach to crypto regulation.
Hong Kong Brokers Seek SFC Clearance Before Virtual Asset Trading Law
Regional brokers and investment managers have sought licensing guidance ahead of new regulations. Retail investors may trade digital assets with high market capitalization and liquidity. Digital asset trading is confined to experienced investors and traders with at least $1 million in bankable assets.
Hong Kong Outlines New Rules For Crypto Futures ETF Issuers
The Securities and Futures Commission (SFC) of Hong Kong, on Monday, published a detailed circular of the requirements exchange-traded fund managers need to meet to list their crypto products in the city.
HKSFC Guidance on Virtual Asset Fund Managers: The 4 Key Takeaways
The Hong Kong Securities and Futures Commission (HKSFC) released the latest guideline “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets”, providing further guidance on fund dealing and virtual asset fund management.
Hong Kong SFC Finalizes Regulatory Framework for Virtual Asset Trading Platforms
The Securities and Futures Commission (SFC) of Hong Kong concluded a consultation period today, revealing the finalized regulatory requirements for operators of virtual asset trading platforms licensed by the SFC.
HK SFC Details JPEX Probe; CEO Affirms Hong Kong's Web3 Commitment
Hong Kong's SFC has provided a detailed timeline of its investigation into the fraudulent activities of the unlicensed virtual asset trading platform JPEX. Despite the ongoing case, SFC CEO Leung Fung-yee reaffirms that Hong Kong's commitment to developing a Web3 ecosystem will not waver.