Tag "Securities and Futures Commission (SFC)"
OSL Receives Green Light From Hong Kong Regulator for Crypto Trading Platform
OSL, a digital asset platform and member of BC Technology Group, has received the license from Hong Kong’s Securities and Futures Commission (SFC) to operate regulated brokerage and automated trading services for digital assets following a rigorous vetting process. They
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Hong Kong Gets Its First Equity Crowdfunding Platform, Well Kinda
Earlier this week, South Morning China Post reported that Hong Kong’s Securities and Futures Commission has issued its first equity crowdfunding license to AngelHub. As someone who is actively keeping track of the scene, I received this news with much
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HK$500K Fine or 5 Years Prison Time for Fradulent Crypto-Trading, Said HK Regulator
James Lau, Secretary for Financial Services and the Treasury Bureau (FSTB) in a letter to the President said that misleading cryptocurrency activity is subject to a HK$500,000 fine or five years prison time. The following actions by virtual currency traders are
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SFC and Swiss FINMA sign Fintech Cooperation Agreement
The Securities and Futures Commission (SFC) entered into an agreement with the Swiss Financial Market Supervisory Authority (FINMA) to establish a framework for cooperation on financial technology (Fintech) (Note 1). Under the agreement, the SFC and FINMA will cooperate to
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Hong Kong SFC Warns of Cryptocurrency Risks
The Securities and Futures Commission (SFC) once again alerts investors to the potential risks of dealing with cryptocurrency exchanges and investing in initial coin offerings (ICOs). Following a statement on ICOs released on 5 September 2017 , the SFC has
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Launch of the SFC Regulatory Hong Kong Fintech Sandbox
The Securities and Futures Commission (SFC) today issued a circular announcing the launch of the SFC Regulatory Sandbox to provide a confined regulatory environment for qualified firms to conduct regulated activities utilising financial technologies (Fintech). The sandbox aims to enable qualified firms,
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InvestHK’s Inaugural Hong Kong Fintech Week Showcases City’s Infrastructure, Talent And Business-friendly Culture
The inaugural Hong Kong Fintech Week (November 7 to 11) attracted more than 2 500 participants and an array of international financial technologies (Fintech) companies and start-ups looking to grow their business, as well as accelerators, incubators and investors searching
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