The Hong Kong Securities and Futures Commission hosted a forum for more than 600 industry participants to share supervisory observations and regulatory updates on cybersecurity and anti-scam measures. Executive Director of Intermediaries Eric Yip emphasized that brokers should maintain robust controls to protect their businesses and clients’ assets from technology-enabled financial crime, reinforcing the commission’s recent focus on stronger authentication and security controls for internet brokers. Regulators, police, investor education representatives and securities firms discussed emerging scam methods, prevention strategies and joint responses. The forum also addressed cyber resilience in the brokerage sector and anti-scam outreach. Legislative Council member Robert Lee noted that online investment scams caused losses of HKD 3.58 billion last year and called for continued coordination among law enforcement, regulators and the industry.