The Hong Kong Securities and Futures Commission issued a statement responding to media enquiries about proposed remuneration adjustments in its 2025/2026 budget, reiterating that the proposal requires approval by the SFC Board and that no final decision has been made. The SFC said it has adopted a prudent financial policy approach in response to challenges facing Hong Kong’s financial markets, including identifying new sources of income, minimising expenditure, lowering costs and optimising efficiency. It added that the SFC Board continuously reviews market conditions and the SFC’s financial position to balance market developments with regulatory work and will put forward cost-cutting proposals where appropriate.
Hong Kong Securities & Futures Commission 2025-03-17
Hong Kong Securities and Futures Commission says proposed 2025/2026 remuneration adjustments are pending Board approval
The Hong Kong Securities and Futures Commission clarified that proposed remuneration adjustments in its 2025/2026 budget are pending SFC Board approval, with no final decision made. The SFC emphasized its prudent financial policy, focusing on new income sources, cost minimization, and efficiency optimization in response to market challenges. The SFC Board regularly reviews market conditions to align regulatory work with financial strategies.