Skip to main content

Clifford Chance

Clifford Chance

Briefings

HKMA and SFC begin joint consultation process relating to the reporting, clearing and trading of OTC derivatives in Hong Kong

7 November 2011

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have on 17 October 2011 issued a joint consultation paper (the Consultation Paper) relating to the reporting, clearing and trading of OTC derivatives in Hong Kong. The Consultation Paper also outlines the regulators' current thinking in respect of regulating the OTC derivatives market through amendments to the Securities and Futures Ordinance (SFO) and the introduction of a new regulated activity.

Download PDF