The Securities and Futures Commission (SFC) today published its Quarterly Report summarising key developments from October to December 2014.
Among the regulatory highlights featured in the report, the SFC concluded a joint consultation with the Hong Kong Monetary Authority on the mandatory reporting and related record-keeping obligations under the new over-the-counter derivatives regime. The SFC also launched a consultation on the provision of supervisory assistance to overseas regulators.
As part of preparations for the 17 November launch of the Shanghai-Hong Kong Stock Connect pilot programme, the SFC signed a memorandum of understanding with the China Securities Regulatory Commission on strengthening regulatory and enforcement cooperation.
During the quarter, the SFC disciplined nine licensees and obtained interim injunctions to freeze bank accounts which allegedly hold the proceeds of unlicensed or boiler room activities carried out by three companies.
The report is available on the SFC website under "Published resources> Corporate publications> Quarterly reports".