SFC proposes to enhance asset management regulation and point-of-sale transparency


The Securities and Futures Commission (SFC) has launched a three-month consultation on proposals to enhance the regulation of the asset management industry in Hong Kong to better protect investors’ interests and ensure market integrity.

The SFC formulated the proposals following a review of the major international regulatory developments, and taking into account observations and views of industry stakeholders.

A robust and responsive regulatory regime is fundamental to the development and growth of an international asset management centre. As part of the SFC’s broader initiative to enhance Hong Kong’s position as a major international asset management centre, it is important to ensure that our regulations are properly benchmarked to evolving international standards,” said Mr Ashley Alder, the SFC’s Chief Executive Officer.

The proposed changes will be made to the SFC’s Fund Manager Code of Conduct (FMCC) and the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission (Code of Conduct).

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SFC proposes to enhance asset management regulation and point-of-sale transparency

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