Securities and Futures Commission (SFC)
Cost of op risk failings rising
Outlook: fines
Hong Kong regulators warn market about synthetic ETFs
Hong Kong regulators have sent reminder letters and circulars on the business operations surrounding products denominated in renminbi and synthetic exchange-traded funds.
Best in Hong Kong
Structured Products Asia Awards 2010
Property derivatives fail to offer hedge options against price collapse
The development of a property derivatives market in Asia stalled during the financial crisis of 2007-2008 and has failed to regain any real momentum, presenting a gloomy outlook for the business. But some parties believe the introduction of retail…
DBS Bank agrees compensation for Hong Kong Lehman notes
Securities and Futures Commission accuses DBS of inappropriately selling high-risk products to low-risk profile investors
Hong Kong Structured Products Bill ready for first reading
The introduction in Hong Kong of the new laws for structured products took one step closer with the announcement of a first reading for the bill on July 14. A lengthy consultation period that followed the creation of the first draft of proposals has…
Desperately seeking a benchmark
The market for exchange-traded funds in Asia has been slow to develop. A regional benchmark ETF is still lacking, while the promise of high-volume trading in products cross-listed from Europe and the US has yet to materialise. Richard Jory reports from…
Market abuse is a bigger risk than financial short-selling
Effort by regulators to ban naked short-selling on financial stocks is misplaced, as market abuse from short-selling on small cap stocks based on insider information is a more real problem, says Lombard Odier's hedge fund arm
Structurers plead with Hong Kong SFC to retain ‘safe harbour’ rules
Providers of structured products fear a collapse in private placement volumes and a shift of business to Singapore following a proposal from Hong Kong’s Securities and Futures Commission to remove rules that ease offering requirements. Georgina Lee…
Structurers call on SFC not to remove ‘safe harbour’ rules
Providers fear collapse in private placement volumes and shift of business to Singapore
Regulatory wrangling
Structured products
Hong Kong SFC appoints chairman
Hong Kong’s Securities and Futures Commission (SFC) has appointed Eddy Fong as chairman with effect from October 20. The position had been vacant since late June, when previous chairman Martin Wheatley became chief executive.
Hong Kong’s SFC makes senior appointments
Hong Kong’s Securities and Futures Commission (SFC) has promoted Keith Lui to the position of executive director, supervision of markets. Lui, who has worked for the SFC for 14 years, began his three-year term as executive director on August 28, and will…
Hong Kong securities watchdog issues report on mis-selling
Hong Kong securities industry watchdog, the Securities and Futures Commission (SFC), has issued a report that highlights the problem of mis-selling of financial products by investment advisers (IAs) and their lack of compliance with existing guidelines.