SFC engages securities industry on regulatory trends and market development

The Securities and Futures Commission (SFC) hosted a seminar today with more than 200 financial sector representatives at its headquarters to engage the industry in ongoing discussion of key challenges and opportunities.

During the seminar, the SFC shared its proactive measures to foster continued growth and stability for Hong Kong’s capital markets as well as recent developments related to virtual assets, the integrated funds platform and RMB fixed-income instruments.

It also provided an overview of the current capital market landscape through recent data on licensing, securities markets, sale of investment products and asset and wealth management. In addition, the SFC and industry participants engaged in a constructive dialogue on the evolving market dynamics.

Hon Robert Lee, legislative councillor representing the financial services constituency, welcomed the opportunity for engagement and communication between the SFC and industry participants in ongoing efforts to foster collaboration and transparency. “I encourage the industry to discuss the challenges it faces openly, and am confident that the SFC will duly consider the industry’s suggestions while maintaining a transparent approach for the betterment of our industry,” he said.

In his opening remarks, Dr Eric Yip, the SFC’s Executive Director of Intermediaries, emphasised the importance of industry engagement to both effective regulation and continued market development. “The SFC is committed to maintaining a resilient and vibrant financial ecosystem by understanding the needs of industry participants, which is crucial to addressing the challenges they face and driving further success for our markets,” he said.

The SFC will continue to maintain regular dialogue with the industry to ensure that its regulatory frameworks remain effective and robust to sustain the capital market success for Hong Kong.