Tag: SFC

The Hong Kong Securities and Futures Commission (SFC) is an independent legislative body responsible for regulating the securities and futures markets in Hong Kong. The SFC is responsible for creating orderly securities and futures markets, protecting investors, and helping to promote Hong Kong as an international financial center and China’s key financial market. Although considered to be a branch of government, it is administered independently under laws relating to securities and futures. [one]

In 2003, the comprehensive Securities and Futures Act (SFO) was passed, which expanded the regulatory functions and powers of the SFC.