The Hong Kong Securities and Futures Commission's "Riding the Waves, Seeking Progress through Stability" seminar received a warm response, effectively promoting communication with the securities industry.
To assist securities firms in improving operational efficiency and resilience, the Securities and Futures Commission of Hong Kong has also outlined optimized account opening procedures, emphasizing the importance of continuously enhancing network security and internal monitoring measures to prevent unauthorized transactions.
On June 9, the Securities and Futures Commission of Hong Kong held a securities industry development seminar with the theme of "Riding the Wind and Waves, Steadily Advancing". The seminar attracted about 700 top representatives from the securities industry to participate, engaging in in-depth discussions on regulatory observations and the latest compliance issues to further strengthen the connection between the Securities and Futures Commission of Hong Kong and the industry. The topics discussed at the seminar covered the latest developments in the IPO market and measures to promote innovation in exchange-traded products and tokenized products. To assist brokerage firms in improving operational efficiency and resilience, the Securities and Futures Commission of Hong Kong also outlined optimized account opening processes and emphasized the importance of continuously improving network security and internal monitoring measures to prevent unauthorized trades.
Dr. William Ho, Executive Director of the Intermediaries Division of the Securities and Futures Commission of Hong Kong, delivered the keynote speech, emphasizing the importance of interaction between regulatory agencies and the industry: "The active participation of the industry in today's seminar reflects the commitment of the Securities and Futures Commission of Hong Kong and the financial industry to promote positive communication and enhance exchanges. Our close cooperation will drive the industry to continuously enhance its professional standards, helping Hong Kong maintain its position as a leading international financial center in an increasingly complex and changing global environment."
Honorable Christopher Lee, a member of the Financial Services Functional Constituency of the Legislative Council of Hong Kong, praised the relentless efforts of the Securities and Futures Commission of Hong Kong in promoting market development and industry connections in his keynote speech. He stated, "The seminar has built a communication bridge between the industry and regulatory agencies, allowing participants to grasp the latest information on markets, products, and regulations, contributing to the overall improvement of business standards; and the new guidance on account opening methods will help brokers improve efficiency and explore new markets."
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