Hong Kong’s Securities and Futures Commission (SFC) hosted a securities industry symposium titled “Ride the Wind and Waves to Seek Stability and Progress,” emphasizing stronger collaboration between regulators and market participants. Yip Chi-hang, Executive Director of the SFC’s Intermediaries Division, highlighted in his opening remarks that active engagement between regulators and the financial sector is crucial for maintaining Hong Kong’s status as a leading global financial hub. “The strong turnout today reflects our shared commitment to open dialogue and continuous improvement,” he noted, underscoring the need for industry-wide professionalism amid global economic uncertainties.
Lee Wai-hung, representing the Financial Services Functional Constituency in Hong Kong’s Legislative Council, delivered a keynote address stressing the seminar’s role in bridging regulatory updates with industry practices. He pointed out that the event provided critical insights into evolving market trends, product innovations, and compliance requirements—factors essential for enhancing operational efficiency and exploring new business opportunities. He also welcomed new account-opening guidelines, which are expected to streamline processes and expand market access.
The SFC reiterated its commitment to fostering an open and cooperative regulatory environment, ensuring Hong Kong’s market resilience and competitiveness. By facilitating knowledge exchange and aligning policies with industry needs, the regulator aims to bolster confidence in the city’s financial ecosystem.
The seminar signals Hong Kong’s proactive approach to navigating complex global financial dynamics while reinforcing its role as a key gateway for international capital flows. The SFC’s ongoing engagement with stakeholders reflects its strategy to balance innovation with stability in an increasingly interconnected market landscape.
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