14 December 2015
On 20 November 2015 the Securities and Futures Commission (SFC) published its Consultation Paper on Proposed Amendments to the Guidelines for the Regulation of Automated Trading Services (Consultation Paper). The original Guidelines for the Regulation of Automated Trading Services were first published in 2003 to complement the regulation of automated trading services under the Securities and Futures Ordinance.
The proposed changes do not constitute a wholesale change of the existing regime, but are necessary to accommodate the new OTC derivatives regulatory regime being introduced in Hong Kong. Comments to the Consultation Paper are due by 31 December 2015.