Category Archives: Governance Regulation

SFC and CSRC hold high-level enforcement cooperation meeting

The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) recently held [...]

2023 Annual Inspection Report emphasises the pivotal roles of the firm’s leadership in upholding audit quality and reinforces the importance of continuous learning as a key driver of improvement

On 11 July 2024 the AFRC published the 2023 Annual Inspection Report. The report coversthe [...]

Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism

Further to our circular issued on 8 March 2024, the Financial Action Task Force (FATF) [...]

ICAC safeguards anti-corruption achievements, advances towards a new milestone in a year of fruitful endeavours and accomplishments

The ICAC noted in its latest annual report issued on July 10 that 2023 was [...]

AFRC’s Response to PricewaterhouseCoopers Whistle-blower Allegations

Following the press release issued on 19 April 2024 concerning a whistle-blower report circulating in [...]

SFC and HKMA welcome PBoC’s new measure on Northbound Swap Connect margin collateral arrangement

On 9 Jul 2024, The Securities and Futures Commission (SFC) and the Hong Kong Monetary [...]

Website and Email Alert – Fraudulent website and phishing emails related to China CITIC Bank International Limited

On 08 Jul 2024, the Hong Kong Monetary Authority (HKMA) wished to alert members of [...]

SFC to launch new online application and submission system for investment products

The Securities and Futures Commission (SFC) will launch a new online application and submission system [...]

AFRC analyses trading suspensions of listed entities due to delays in preliminary annual results announcements and calls for continued efforts to uphold high-quality audits and financial reporting

On 5 Jul 2024, the Accounting and Financial Reporting Council (AFRC) published a report titled [...]

SFC warns public of seven entities for suspected virtual asset-related fraud

On 5 Jul 2024, the Securities and Futures Commission (SFC) warned the public of seven [...]