OF THE SECURITIES AND FUTURES ORDINANCE (CAP. 571) (“SFO”) - DISCLOSURE OF INTERESTS (Published by the Securities and Futures Commission under section 5(4)(f) of the SFO) This outline is intended to be a practical guide to the situations in which a notice will have to be filed under Part XV of the SFO (“Part XV”). However, it is not a

OF THE SECURITIES AND FUTURES ORDINANCE (CAP. 571) (“SFO”) - DISCLOSURE OF INTERESTS (Published by the Securities and Futures Commission under section 5(4)(f) of the SFO) This outline is intended to be a practical guide to the situations in which a notice will have to be filed under Part XV of the SFO (“Part XV”). However, it is not a SUPERVISOR’S MEMO THE SECURITIES AND FUTURES ORDINANCE AND THE BANKING (AMENDMENT) ORDINANCE 2002 or MPF schemes, the explanation to the customer would very often cover certain concrete details (such as the pros and cons, or the past performance) of individual markets and/or specific securities (such as investment INSIDER DEALING UNDER THE SECURITIES AND FUTURES ORDINANCE INTRODUCTION The Securities and Futures Ordinance (“SFO”) which came into effect on 1 April 2003 establishes dual civil and criminal regimes (under Parts XIII and XIV respectively) in respect of all types of market misconduct. “'Market misconduct” as regulated under Parts XIII and Securities and Futures Ordinance (‘the Ordinance’). The Notice and the The Notice and the accompanying synopsis are attached to this report as Annex ures A and B. Securities and Futures Ordinance (Cap. 571) “professional investor” means – a) any recognized exchange company, recognized clearing house, recognized exchange controller or recognized investor compensation company, or any person authorized to provide automated trading services under section 95(2) of this Ordinance;

“quote” means to display or provide, on an organised market of an approved exchange or a recognised market operator, information concerning the particular prices or particular consideration at which offers or invitations to sell, purchase or exchange securities, securities-based derivatives contracts or units in a collective investment scheme are made on that organised market, being offers or invitations that are intended or may reasonably be expected, to result, directly or indirectly

1 Jan 2020 Notwithstanding the repeal of the Securities and Futures Commission Ordinance (Cap. 24) under section 406, the body established by section 3  27 Nov 2019 Securities and Futures Ordinance (with subsidiary legislation). We are directing you to the Hong Kong e-Legislation (HKeL) operated by the  The Securities and Futures Ordinance is the primary piece of legislation regulating Hong Kong's securities and futures markets. Its scope is wide; ranging from  SECURITIES AND FUTURES ORDINANCE. CONTENTS. Section. Page. PART I. PRELIMINARY. 1. Short title and commencement . 2 Aug 2002 The Securities and Futures Ordinance introduces, inter alia, a single licensing system, the disclosure of interest regime and market misconduct. Securities and Futures Ordinance - HKLII www.hklii.hk/eng/hk/legis/ord/571

Securities and Futures Ordinance (with subsidiary legislation) Companies (Winding Up and Miscellaneous Provisions) Ordinance (with subsidiary legislation) Legislative history Codes and guidelines Codes Guidelines Circulars OTC derivatives regulatory regime Short position reporting rules

An Ordinance to consolidate and amend the law relating to financial products, the securities and futures market and the securities and futures industry, the regulation of activities and other matters connected with financial products, the securities and futures market and the securities and futures industry, the protection of investors, and other The Securities and Futures Ordinance is the primary piece of legislation regulating Hong Kong’s securities and futures markets. Its scope is wide; ranging from regulating the conduct of listed companies and financial intermediaries to providing standards for the authorisation of, and regulating offers of, investment products. The SFCO and nine other securities and futures related ordinances were consolidated into the Securities and Futures Ordinance (SFO), which came into operation on 1 April 2003. The SFC is responsible for administering the laws governing the securities and futures markets in Hong Kong and facilitating and encouraging the development of these markets. the Securities and Futures Ordinance, Cap. 571 . INDEX Paragraphs Chapter 1 Introduction 1 - 79 CITIC and Its Sino Iron Project 3 - 8 Financing the Sino Iron Project 9 - 18 The Use of Target Redemption Forward Contracts 19 - 32 CITIC’s Profit Warning 33 - 43 The Dah Chong Hong Circular 44 - 57 The Licensing Regime under The Securities and Futures Ordinance. 1. The licensing and registration of persons operating in Hong Kong’s securities and futures markets and non-bank retail leveraged foreign exchange market is dealt with in Part V of the Securities and Futures Ordinance (the ‘SFO’) which came into effect on 1 April 2003. The Securities and Futures Commission (SFC) of Hong Kong is the independent statutory body charged with regulating the securities and futures markets in Hong Kong. The SFC is responsible for fostering an orderly securities and futures markets, to protect investors and to help promote Hong Kong as an international financial centre and a key financial market in China.

Securities and Futures Ordinance (Cap. 571) “professional investor” means – a) any recognized exchange company, recognized clearing house, recognized exchange controller or recognized investor compensation company, or any person authorized to provide automated trading services under section 95(2) of this Ordinance;

What is the abbreviation for Securities and Futures Ordinance? What does SFO stand for? SFO abbreviation stands for Securities and Futures Ordinance. Schedule 1 to, the Securities and Futures Ordinance (SFO) to apply to investment products of a collective nature. It embraces and modernizes the concepts of “unit trust”, “mutual fund corporation” and “investment arrangements”, as defined in the now repealed Securities Ordinance and the Protection of Investors Ordinance (PIO).

The Securities and Futures Commission (SFC) of Hong Kong is the independent statutory body charged with regulating the securities and futures markets in Hong Kong. The SFC is responsible for fostering an orderly securities and futures markets, to protect investors and to help promote Hong Kong as an international financial centre and a key financial market in China.

Sources of law. Ordinances a. Securities and Futures Ordinance (Cap. 571) (SFO ); b. Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 21 Feb 2019 In so doing, the CFA held that the phrase “transaction involving securities” in s. 300 of the Securities and Futures Ordinance (SFO) is to be given  19 Jul 2018 Securities and Futures (Professional Investor) Rules (Cap. or (h) of section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance. 22 Sep 2015 The Securities and Futures Commission has commenced its first set of proceedings in the Market Misconduct Tribunal against a listed company 

Securities and Futures Ordinance (with subsidiary legislation) We are directing you to the Hong Kong e-Legislation (HKeL) operated by the Department of Justice (DoJ) of the Hong Kong Special Administrative Region Government to view the full contents of the Securities and Futures Ordinance (SFO), including its subsidiary legislation. The Securities and Futures Ordinance (“SFO”), which came into force on 1 April, 2003, consolidates into one piece of legislation the ten ordinances that previously regulated the securities and futures industry in Hong Kong.