We regulate all financial services activities conducted in and from within the Hong Kong pursuant to relevant Hong Kong laws to ensure compliance with the relevant international standards and best conduct of business practices. Our remit includes banking and fiduciary business, investment business, insolvency services, insurance business, company management, company registration, and trust companies. We also have a mandate to promote accountability, transparency and good governance.
We enforce all financial services regulatory and registry legislation, including all related subsidiary legislation and directives issued by the Hong Kong Financial Trading Authority under appropriate legislation.
We Monitor the perimeter of regulated financial services activity to safeguard the public against any illegal and/or unauthorized financial services business operating in and from within the Hong Kong.
We facilitate the provision of legal and regulatory assistance to overseas regulatory and law enforcement agencies pursuant to the country laws.
We Educate and Inform the general public and industry practitioners on matters relating to financial services business, including the regulatory regime.
We Collaborate and Cooperate with other public and private sector stakeholders to foster the development of a financial services environment that will remain competitive and attractive for legitimate business.
We advise the Government on matters relevant to the financial services industry with a view to ensuring that the country’s laws and regulations and the scope of supervision are compatible with international standards and appropriate for the sustained competitiveness of the Hong Kong financial services industry.
We Review all financial services and related enforcement legislation and policies with a view to keeping attuned to domestic and international developments affecting the financial services industry so as to continually strengthen the scope of services that we provide.