In The News

Hong Kong: SFC Updates Short Position Reporting FAQs

On Mar. 8, in response to the anticipated expanded short position reporting requirement, the SFC has updated the Short Position Reporting FAQs. Please refer to Question E5 of the Frequently Asked Questions (FAQs) on Short Position Reporting. Please refer to Questions B9 and B10 of the FAQs. Click the link to access the FAQs
Read more

Hong Kong SFC Reminder on Expanded Short Reporting

On Mar. 9, the SFC issued a reminder that expanded short reporting will come into effect on 15 March. The Securities and Futures Commission (SFC) reminds market participants that with effect from 15 March 2017, reporting will be required for reportable short positions in all Designated Securities eligible for short selling specified by The Stock…
Read more

CFTC Ownership and Controls Report

On Mar. 8, the CFTC issued a notice seeking public comment on the renewal of ownership and control reports. The Commodity Futures Trading Commission (“CFTC” or “Commission”) is announcing an opportunity for public comment on the proposed renewal of the collection of certain information by the agency. Under the Paperwork Reduction Act (“PRA”), Federal agencies…
Read more

Hong Kong SFC Issues Consultation Paper on Professional Investor Rules

On Mar. 1, the SFC proposed rules on thresholds for professional investors. Covers proposed amendments to Securities and Futures (Professional Investor) rules. Amends to include portfolio held in joint account with other associates in threshold. Expands definition of corporations as professional investors and increases evidence. Allows aggregation of certain assets and forms of evidence to…
Read more