The number of Hong Kong Securities and Futures Commission licenses reaches a record high
Hong Kong Securities and Futures Commission于2月17日发表《季度报告》（2016年10月至12月）。As of December 31 last year，Licensed InstitutionThe total number of persons and registered institutions reached 42,665，hit new high；The number of licensed institutions increased by 11% to 2,411，Also set a new record。
Listing regulatory consultation and electronic license reporting requirements
The SFC is working with Hong Kong Exchanges and Clearing Limited (HKEx) to analyze market responses to the joint consultation on improving listing regulatory decision-making and governance structures。at the same time，The Securities and Futures Commission is committed to implementing the mandatory regulations that came into effect on February 1, 2017，All individuals are required to submit license applications through the SFC electronic services website、Notices and Annual Returns。
Review progress of listing applications under the dual filing system
Under the dual archiving system，For the nine months ended December，The Securities and Futures Commission of Hong Kong and the Hong Kong Stock Exchange reviewed 193 listing applications，Increased 9% year-on-year。
Key tasks during the period include launching the Shenzhen-Hong Kong stock market trading interconnection mechanism，and the Hong Kong Securities and Futures Commission and the Swiss Financial Market Supervisory Authority signed an agreement on mutual recognition of funds arrangements，Further promote the development of cross-border market interconnection and mutual recognition arrangements for fund products。
Asset Management Regulation、Sales Transparency and Senior Management Accountability
Seasonal，Hong Kong Securities and Futures Commission launches public consultation on proposals to strengthen regulation of the asset management industry and transparency in sales，and issued a circular on measures for core functional managers，Aims to clarify the accountability of senior management of licensed institutions。
The SFC also issued two other circulars，Further clarify the current responsibilities of licensed institutions and individuals in providing reasonable and appropriate advice to clients，and provide relevant guidance。For licensed institutions，sales process、suitability assessment、Management responsibilities and internal control requirements will continue to beCompliance managementfocus。
rights issue、Supervision and disciplinary actions on public offering activities
also，The Securities and Futures Commission of Hong Kong announced that it is closely monitoring rights issues and public offers in conjunction with the Stock Exchange of Hong Kong Limited (SEHK)，and review the relevant provisions of the Listing Rules。
Seasonal，SFC takes disciplinary action against five licensed institutions and 11 representatives，Involving fines totaling NT$9.8 million。Such law enforcement data reflect，Hong Kong’s financial regulatory environment continues to emphasize the governance of licensed institutions、Business Conduct、Customer protection and market order maintenance。
About Hong Kong Xintong
GXT-HKComposed of professional teams from mainland China and Hong Kong，Focus on providing global company registration、Financial license application、Bank account opening、One-stop cross-border services such as tax financial planning and compliance consulting，Core covers Hong Kong MSO license、Hong Kong Insurance Brokers and Hong Kong Money Lenders Licenses、US MSB license、Hong Kong 149 license、9license plate，Helping enterprises to go overseas efficiently and compliantly，Steady global layout。
