FM Home
> Sfc
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
XBO. Thought Leadership

sfc

Search for a tag
Retail FX

Hong Kong's SFC Presents Three-Year Strategy, Focusing on Tokenization

  • Hong Kong SFC's 2024-2026 plan focuses on market resilience and global finance innovation.
  • The strategy includes tokenizing assets and better controlling cryptocurrencies.
Tuesday, 23/01/2024 | 09:53 GMT by Damian Chmiel
Retail FX

Regulators on High Alert: FCA, SFC, and FSC Issue New Warnings

  • New entities flagged for lacking investment service licenses.
  • Regulators like FCA, SFC, and FSC stay active, updating warning lists daily.
Wednesday, 20/12/2023 | 11:23 GMT by Damian Chmiel
Retail FX

News Nuggets | 7 December: CySEC Fines 3 Companies; Nasdaq Appoints New Director

  • Also, SoFi to pay FINRA fine; KPMG explores merger of the UK and Swiss businesses.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 07/12/2023 | 10:39 GMT by Damian Chmiel
Retail FX

News Nuggets | 6 December: Capital.com Hires New CSO; Robinhood Adds 135 Symbols

  • FCA warns against Christmas fraud; GSTechnologies purchases Semnet.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Wednesday, 06/12/2023 | 11:04 GMT by Damian Chmiel
CryptoCurrency

Interactive Brokers Hong Kong Enters Retail Crypto Trading Arena

  • The brokerage giant has obtained a crypto trading license in Hong Kong.
  • Interactive Brokers joined Victory Securities in securing the SFC's approval.
Friday, 24/11/2023 | 20:13 GMT by Jared Kirui
Retail FX

News Nuggets | 23 November: eToro Presents New Products; Mercer to Pay $12M Penalty

  • Also, ASIC secures undertaking from iExtend; SFC initiates legal action against AMTD.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 23/11/2023 | 10:27 GMT by Damian Chmiel
Retail FX

News Nuggets | 22 November: ASIC Suspends AFS licence; SFC Fines Lion Futures $2.8 Million

  • Also, Wedbush Securities appointed a new managing director, and BIS introduced a new data portal.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Wednesday, 22/11/2023 | 11:15 GMT by Damian Chmiel
Retail FX

News Nuggets | 7 November: Acuity Adds New MT Feature; eToro Presents SpaceTech Portfolio

  • Also, Travelex appoints a new Global Retail Director; Broadridge introduces AI-enabled tools.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tuesday, 07/11/2023 | 10:31 GMT by Damian Chmiel
Retail FX

News Nuggets | 31 October: XS.com Hires New Manager; Scope Markets Expands CFDs Portfolio

  • Also, FCA takes action on BNPL contracts; NFA fines Oscar Gruss & Son and MFA Urges UK regulators to eliminate reduntant regulations.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tuesday, 31/10/2023 | 10:03 GMT by Finance Magnates Staff
CryptoCurrency

Is Crypto Now for Pros Only? Hong Kongs Leaves Investors Guessing

  • Hong Kong's SFC and HKMA revise guidelines on intermediaries' virtual asset activities.
  • The newest circular sends mixed signals to the crypto industry.
Monday, 23/10/2023 | 08:18 GMT by Damian Chmiel
CryptoCurrency

SFC and Hong Kong Police Collaborate on Monitoring Virtual Asset Trading Platforms

  • The working group was formed following a high-level meeting between the two organizations.
  • The partnership underscores the commitment to safeguarding investors.
Wednesday, 04/10/2023 | 12:44 GMT by Tareq Sikder
CryptoCurrency

JPEX Scandal Pushes Hong Kong's SFC to Roll Out New Crypto Rules

  • Hong Kong's SFC presents new initiatives to protect investors after the JPEX scandal.
  • Over 1,400 complaints have been lodged, implicating almost $130 million in losses.
Tuesday, 26/09/2023 | 10:29 GMT by Damian Chmiel
CryptoCurrency

JPEX's Legal Woes Could Signal Trouble for Hong Kong Crypto

  • HK authorities have arrested six people linked to an unlicensed cryptocurrency exchange.
  • The SFC has flagged complaints against JPEX involving more than $127.9 million in losses.
Tuesday, 19/09/2023 | 08:50 GMT by Damian Chmiel
Retail FX

News Nuggets | 13 September: SEC Charges Virtu, YieldStreet; HK Warns against Crypto Firm

  • Also, Frangou leaves payabl.; Simpson joins Broadridge; TS Imagine partners with eflow.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Wednesday, 13/09/2023 | 09:32 GMT by Finance Magnates Staff
Institutional FX

Mainland China and Hong Kong to Bolster Stock Connect with Block Trading

  • Stock Connect, a cross-border shares trading channel, was introduced in 2014.
  • Earlier, CSRC and SFC signed an MoU on cross-border stock listing.
Friday, 11/08/2023 | 14:31 GMT by Solomon Oladipupo
CryptoCurrency

Hong Kong Raises Alarm on Crypto Platforms Just Two Months after Easing Regulations

  • The SFC warns about unlicensed crypto trading providers engaging in misleading practices.
  • Investors are urged to avoid trading via unregulated platforms.
Monday, 07/08/2023 | 10:39 GMT by Damian Chmiel
Institutional FX

HK Regulator Imposes Life Ban on Financial Firms Director

  • Xie Yangxiong was working for Wansom AM and Wansom Securities.
  • He used companies' funds for personal expenditure.
Tuesday, 06/06/2023 | 10:48 GMT by Damian Chmiel
Retail FX

Hong Kong’s SFC Charges 24 in Ramp-and-Dump Stock Investment Schemes

  • The SFC froze $650M belonging to some suspected syndicate members.
  • The watchdog arraigned 14 suspected members in Sept. and Nov. last year.
Friday, 21/04/2023 | 14:40 GMT by Solomon Oladipupo
CryptoCurrency

Gate.io Crypto Exchange Confirms its SFC License Application

  • Gate.io applied for an SFC license and wants to obtain VASP authorization.
  • In addition, the crypto exchange launched a new product dubbed Gate Wealth.
Tuesday, 11/04/2023 | 08:36 GMT by Damian Chmiel
Institutional FX

SFC Slaps City International Futures with $100,000 Fine for Regulatory Breaches

  • The SFC took into account many mitigating factors when imposing the penalty.
  • However, the regulator wanted to convey that such failures are unacceptable.
Thursday, 09/03/2023 | 10:06 GMT by Damian Chmiel
Institutional FX

SFC Imposes 10-Year Ban on Citigroup Global Markets Asia's Ex-Officer

  • The SFC fined CGMAL $348.25 million in January 2022.
  • The regulator found that most of the violations were due to the actions of the company's former manager.
Monday, 06/03/2023 | 09:37 GMT by Damian Chmiel
CryptoCurrency

Gate.io Crypto Exchange to Launch Gate HK and Apply for Local License

  • Gate Group is another crypto firm after Huobi which wants to open a local exchange in HK.
  • It's likely that SFC will allow retail investors to actively trade in the digital assets market.
Thursday, 23/02/2023 | 09:57 GMT by Damian Chmiel
CryptoCurrency

Hong Kong's SFC Consults on Allowing Retail Traders to Trade Crypto

  • From 1 June, every crypto trading platform in Hong Kong needs to be regulated by the SFC.
  • The SFC wants to know if regulation should allow retailers to trade as well.
Monday, 20/02/2023 | 08:59 GMT by Damian Chmiel
Retail FX

China and Hong Kong’s Regulators Sign MoU on Cross-Border Shares Listing

  • The MoU provides clarification on cross-border regulatory enforcement.
  • China has been opposing cross-border online brokers that onboard Chinese clients.
Friday, 17/02/2023 | 20:52 GMT by Solomon Oladipupo
Institutional FX

SFC Fines Guosen Securities HK$2.8 Million

  • The Commission pointed to mitigating factors in its final decision.
  • Gousen breached the Client Securities Rules.
Wednesday, 21/12/2022 | 10:34 GMT by Damian Chmiel
Next Previous
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}