Hong Kong Securities And Futures Commission Concludes Consultation On The Enhanced Investor Compensation Regime

The Securities and Futures Commission (SFC) today released consultation conclusions on proposed enhancements to the Investor Compensation Regime, including raising the compensation limit from $150,000 to $500,000 per investor per default and covering northbound trading under Mainland-Hong Kong Stock Connect (Note 1).

Subject to the legislative process, the SFC expects to implement the changes in early 2020.

Notes:

1. On 27 April 2018, the SFC issued a Consultation Paper on Proposed Enhancements to the Investor Compensation Regime and Related Legislative Amendments. A total of 10 written submissions from individuals, intermediaries and an industry association were received.