In November,
2022, the SFC issued its Consultation Paper on Proposed Risk
Management Guidelines for Licensed Persons Dealing in Futures
Contracts. The consultation sets out new guidelines, which, if
adopted, will govern all Type 2 (dealing in futures contracts)
activities. The consultation closed on January 31, 2023. If
you'd like more information about how the proposed guidelines
may affect you, please contact one of our
financial services regulatory
lawyers.
In response to extreme market volatility, in November, 2022, the
SFC proposed new Risk Management Guidelines for Licensed Persons
Dealing in Futures Contracts. ("Futures Risk
Management Guidelines"). Whilst still the subject of
consultation, if adopted, the new guidelines are intended to set
minimum standards applicable to all persons licensed for Type 2
(dealing in futures contracts).
