Securities and Futures Commission

Plugging the gaps in financial regulation in HK

4 Oct 2012

When I became the first non-executive chairman of the Securities and Futures Commission (SFC) in 2006, the world was cruising on a path of moderate growth, stable employment and subdued inflation...

SFC hatching rules to lure more funds to city

1 Mar 2013

Financial Secretary John Tsang Chun-wah said in his budget speech on Wednesday that the government would propose changes to extend profits tax exemptions to offshore private equity funds. He also...

Time for action on insurance investment-linked products

26 Feb 2013

The best news heard last week is that our securities watchdog will look into the regulation of investment-linked insurance products - a good move that should have come earlier. But it is still not...

Transparency may not always be a virtue

26 Feb 2013

Full disclosure of company accounts the right thing to do but it is different story when it comes to stock market dealings.

Improvements urged on disclosure quality

25 Feb 2013

The chairman of the securities regulator hopes Hong Kong-listed companies will disclose more relevant details in their corporate announcements more promptly, so as to match the best international...

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

SFC in talks on increased oversight of insurance, dark pool products

The regulation was needed in light of the growing popularity of such products in recent years, according to SFC chairman Carlson Tong Ka-shing. Tong said the SFC will also review the operation of...

Finding it hard to retire

When Carlson Tong Ka-shing retired two years ago as KPMG's chairman for China and Asia-Pacific, he was hoping to spend more time on the golf course and with his family. But those ambitions were...

SFC expects HK$435m deficit in new year

At its regular monthly meeting yesterday, lawmakers of the financial affairs panel passed a non-binding motion to call on the regulator to slash or suspend its levy on investors.

SFC signals HK$232m deficit for year as income misses target

The Securities and Futures Commission expects to remain in the red this year, with a total deficit of HK$435.16 million caused by lower fee income and rising staff costs, the second consecutive...

POINT OF LAW

Directors beware as regulator seeks to stem misconduct

Isn't corporate governance just legal mumbo-jumbo?

"Corporate governance" can sound remote from reality - consultancy-speak that is designed to confuse and frustrate.

COURTS

Insider trader's victims may get their money back

Investors who sold shares in energy firm Citic Resources Holdings five years ago may receive money back from the biggest insider trader in the city.