The Hong Kong Securities and Futures Commission (SFC) chaired discussions among Asia-Pacific securities regulators at the International Organization of Securities Commissions (IOSCO) Asia-Pacific Regional Committee (APRC) meetings in Vietnam, reaching common ground on a coordinated regional approach to key capital markets issues spanning investor protection, technology and sustainability. Across three days of meetings in Da Nang involving more than 70 regulators from 19 jurisdictions, members agreed to collaborate more closely on tackling scams and online harm and shared techniques to detect and investigate investment frauds, alongside discussions on how technology can be used in regulatory work. The SFC’s Chief Executive Officer, Julia Leung, also met Vietnam’s State Securities Commission (SSC) chair to discuss supervisory cooperation, crypto regulation and other shared priorities, and welcomed the SSC as the 14th signatory to the APRC Multilateral Memorandum of Understanding for Supervisory Cooperation, an information-sharing mechanism among regional regulators. Separately, Leung co-chaired the EU-Asia-Pacific Forum on Financial Regulation with the European Commission’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union, where authorities discussed developments in supervision and regulation for digitalisation, fintech and sustainable finance, while SFC senior executives also exchanged views on enforcement trends, generative artificial intelligence and supervisory approaches to virtual asset safekeeping.
Hong Kong Securities & Futures Commission 2025-02-21
Hong Kong Securities and Futures Commission aligns IOSCO Asia-Pacific regulators on scams, technology and sustainability as Vietnam joins the supervisory cooperation MMoU
The Hong Kong Securities and Futures Commission led discussions at the IOSCO Asia-Pacific Regional Committee meetings in Vietnam, achieving consensus on a coordinated regional approach to capital markets issues. Over 70 regulators from 19 jurisdictions agreed to enhance collaboration on scams and online harm. Additionally, the SFC's CEO met with Vietnam's State Securities Commission to discuss supervisory cooperation and crypto regulation, and co-chaired the EU-Asia-Pacific Forum on Financial Regulation, focusing on digitalisation, fintech, and sustainable finance.