By a Circular dated 16 January 2025, Hong Kong's Securities and Futures Commission (SFC), the lead financial regulator for the licensing and supervision of virtual asset trading, introduced enhancements to its licensing regime for virtual asset trading platforms (VATPs). The enhancem...
Website URL(網站網址): www.hksfc.org.hk/ Country / Area(國家/地區): Hong Kong, China (中國香港) Postal Code(郵政編碼): No postcode needed in Hong Kong (香港不使用郵遞區號) Purchase Category(采购类别) Category(分類): N.A. insure market in effect, justice and ventilate, upbuild and ...
If you want to incorporate a limited company for commercial trade and business purpose, please refer to the Incorporation of a local limited company in Hong Kong. OFC 是一种开放式集体投资计划,采用有限责任和可变股本的公司形式。 OFC 的主要目的是充当投资基金工具,并为股东的利益管理投资。 作为投资...
the SFC note from recent judgements of the Hong Kong courts[1]that there are two differing views. The SFC has decided to endorse the “Non-Prohibition View”, which means that an offeror and its concert
You must avoid this common mistake. Being located in China puts us way ahead of our foreign competitors. This is our #1 strength. Furthermore, our warehouse is in Shenzhen, which is a manufacturing hub with many Chinese factories. Our proximity to Hong Kong also gives us the added advantage...
(c) Changes to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), which, when they come into effect in June 2023, will introduce a new licensing regime for VATPs that carry on the business of trading non-security tokens in Hong Kong and/or actively market such servi...
The Securities and Futures Commission (SFC) has recently published fresh guidance on Hong Kong’s virtual asset trading platform (VATP) regime, in three key documents. These are as follows: Announcement: SFC’s extension of the swift licensing process to new VATP applicants (Swift Licensi...
A major joint investment promotion campaign involving three regions will be held in Guangzhou on November 8th, the 2024 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area (referred to as the "Investment Promotion Conference"). Since its inaugural edition in...
On 28 January 2022, Hong Kong’s Securities and Futures Commission (SFC) reprimanded and fined Citigroup Global Markets Asia Limited (CGMAL) HK$348.25 million for serious regulatory breaches and internal control failures in relation to the issuance of misleading indications of interest1(IOIs...
On 28 July 2023, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) issued a joint circular to intermediaries, setting out a streamlined approach for compliance with suitability obligations when dealing with sophisti