Hong Kong

Cap. 571 is known as the Securities and Futures Ordinance, which functions as the primary piece of legislation regulating the markets of securities, futures, and derivatives in Hong Kong. The regulation is under the administration of the SFC, providing an umbrella licensing regime for intermediaries, corporate listing of public corporations in collaboration with the HKEX, and the stringent rules regarding disclosure of interests of the listed companies. The regulation includes the definition of market misconduct, which covers insider dealing, market manipulation, and dissemination of false information, as well as providing investigatory powers of the regulator.