SFC issues quarterly report

The latest Quarterly Report published by the Securities and Futures Commission (SFC) provides an overview between October and December 2022, when the business activity began to pick up. In addition, the Report offers a comprehensive summary of significant developments during the period, thereby providing valuable insights into the current state of financial markets.

During the quarter, the SFC has made significant progress in its priority policy areas, such as sustainable finance. To this end, it implemented new requirements in the Fund Manager Code of Conduct, necessitating fund managers to factor climate-related risks into their governance and decision-making processes. Furthermore, the SFC spearheaded an additional policy priority by authorising the first two virtual asset futures exchange-traded funds in Hong Kong. This demonstrates their commitment to fostering innovation and driving change and provides a much-needed boost to the local investment climate in the city.

resource: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=23PR13

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