Aggregated News From Investment Management Regulators

SFC concludes consultation on the enhanced Investor Compensation Regime

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The Securities and Futures Commission (SFC) today released consultation conclusions on proposed enhancements to the Investor Compensation Regime, including raising the compensation limit from $150,000 to $500,000 per investor per default and covering northbound trading under Mainland-Hong Kong Stock Connect (Note 1).

Subject to the legislative process, the SFC expects to implement the changes in early 2020.

End

Notes:

  1. On 27 April 2018, the SFC issued a Consultation Paper on Proposed Enhancements to the Investor Compensation Regime and Related Legislative Amendments. A total of 10 written submissions from individuals, intermediaries and an industry association were received.

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Regulator Information

Abbreviation: SFC
Jurisdiction: Hong Kong

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