Securities And Futures Commission - SFC


DEFINITION of 'Securities And Futures Commission - SFC '

An independent, non-governmental statutory body responsible for regulating Hong Kong's securities and futures markets. The Securities and Futures Commission (SFC) was established by the Securities and Futures Commission Ordinance (SFCO). The SFC administers the laws governing Hong Kong's securities and futures markets, and facilitates the development of these markets. The SFC's statutory objectives are to:

  1. Maintain and promote fairness, efficiency, competitiveness and transparency in the securities and futures markets
  2. Promote public understanding
  3. Protect investors
  4. Reduce crime and misconduct
  5. Reduce risks Assist the Financial Secretary in maintaining Hong Kong's financial stability

BREAKING DOWN 'Securities And Futures Commission - SFC '

Hong Kong's Securities and Futures Commission's operational units include corporate finance, policy, China and investment products, enforcement, supervision of markets, licensing and intermediaries supervision. Each of the SFC's operational units is supported by the legal services department and corporate affairs division. The SFC regulates licensed corporations and individuals that perform regulated activities including:

  1. Dealing in securities or futures contracts
  2. Leveraged foreign exchange trading
  3. Advising on securities, futures contracts or corporate finance
  4. Providing automated trading services or credit rating services
  5. Securities margin financing
  6. Asset management
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Financial System

    A financial system can be defined at the global, regional or ...
  3. Hong Kong Stock Exchange (HKG) ...

    One of the world's largest securities markets by market capitalization, ...
  4. Asset Management

    1. The management of a client's investments by a financial services ...
  5. Futures Contract

    A contractual agreement, generally made on the trading floor ...
  6. Corporate Finance

    1) The financial activities related to running a corporation. ...
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