On 8 August 2023, SFC released the Consultation Conclusions on the proposed amendments to enforcement-related provisions of the Securities and Futures Ordinance (SFO). SFC will proceed with the proposal to broaden the scope of the SFO’s insider dealing provisions. Considering the complex implementation issues raised by the respondents to the consultation, SFC will put on hold the other two proposed amendments, which concern the professional investor exemption and injunctions and other orders.
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