Soft Consultation Meeting on Investor Identification Regime and Reporting of OTC Securities Transactions

The SFC has been working with HKEX on proposals to implement an investor identification regime for the Hong Kong securities market as well as on the reporting of OTC securities transactions. The proposals hope to assist market surveillance and to detect potential market misconduct in a more timely and efficient manner.

On 23 September 2020, over 20 representatives of PWMA met with the SFC, specifically, its Supervision, Enforcement, and Intermediaries Divisions to discuss the subject matter.