Page 62 - 期货和衍生品行业监管动态（2023年12月刊）

期货和衍生品行业监管动态

well as Wealth Management Connect by expanding the range of products, investors and

eligible participants.

To improve Hong Kong market liquidity, the SFC participated in the work of Task

Force on Enhancing Stock Market Liquidity during the quarter, which led to the

submission of a report to the Financial Secretary in October and implementation of

certain measures as announced in the Chief Executive’s Policy Address. The SFC will

work with Hong Kong Exchanges and Clearing Limited on the medium to long-term

issues identified.

Furthermore, the SFC witnessed growth in the number of licence applications

received, up 13% from the quarter before and 6% from a year ago. It also granted 33

corporate licences during the quarter, mainly for asset management (Type 9) and

advising on securities (Type 4). To reinforce market resilience, the SFC set out a

comprehensive risk management framework for futures brokers after concluding its

consultation (Note 1).

On the virtual assets front, the SFC stepped up information dissemination on

virtual asset trading platforms (VATPs) by publishing several VATP lists online,

including a list of applicants. In response to suspected fraudulent schemes, the SFC also

issued a dedicated list of suspicious VATPs, which currently includes nine names (Note

2).

The quarterly report is available on the SFC website.

Notes:

1. The guidelines will become effective on 25 February 2024.

2. The SFC maintains a dedicated list of suspicious VATPs on its website to

enhance investors’ awareness and help them identify suspicious VATPs doing

business in Hong Kong.

50