Hong Kong Regulatory Deadlines
There are 5 upcoming Hong Kong regulatory deadlines. The next is "SFC approves six securities registrars for upcoming uncertificated securities market regime", on 16 November 2026. Reg Monitoring tracks 16 Hong Kong deadlines in total, including 11 that have closed.
Hong Kong · All Hong Kong updates
Open deadlines
November 2026 1
- SFC approves six securities registrars for upcoming uncertificated securities market regime
The USM regime will be implemented on 16 November 2026. Upon implementation, listed issuers of prescribed securities will be required to have an ASR at all times.
March 2027 1
- SFC and HKMA conclude joint consultation on amendments to Clearing Rules for over-the-counter derivative transactions
The SFC and the HKMA “aim to bring the amendments into effect on 1 March 2027”, and the proposed approach is “to be effective from 1 March 2027 onwards”.
July 2027 1
- SFC mandates phishing-resistant authentication methods for internet brokers and VATPs to protect client accounts
Internet brokers and VASPs are expected to implement robust authentication solutions ... as soon as practicable and in any event, no later than 8 July 2027 (ie, within 12 months from the date of this circular).
November 2027 1
- SFC to proceed with enhancements to Hong Kong’s retail fund regime code
The generally applicable 12-month transitional period for existing SFC-authorised funds is scheduled to end.
September 2028 1
- SFC welcomes HKEX’s proposal to implement T+1 settlement in Hong Kong’s stock market
the implementation timeline has been revised to the second half of 2028, with September 2028 identified as the target date
Recently closed
Kept for reference — useful when checking when a consultation closed or when a rule came into force.
November 2026 2
- SFC welcomes expanded use of China Government Bonds as margin collateral by HKEX
The acceptance of CGBs as eligible non-cash collateral will be implemented with effect from 2 November 2026.
- SFC issues guidance to support enhancements to Hong Kong’s retail fund regime
The revised UT Code takes effect. New funds must comply with the revised requirements immediately, and the 12-month transitional period for existing funds begins.
October 2026 2
- SFC welcomes launch of Platform and Nominee Services on Integrated Fund Platform
Beginning today, fund subscription and redemption by distributors including brokers on behalf of their clients become operational.
- SFC takes action against suspected IPO-rigging syndicates and suspends dealings in Baicha shares
The restriction notices prohibit the relevant brokers, without the SFC’s prior written consent, from disposing of or dealing with the relevant assets in any way ... The relevant brokers are also required to notify the SFC immediately upon receiving any instructions concerning the prohibited assets.
July 2026 1
- SFC reprimands and fines Victory Securities Company Limited $1.7 million and suspends its responsible officer for regulatory breaches
The SFC has also suspended the licence of Mr Stephen Chiu Che Leung, a responsible officer (RO) and manager-in-charge (MIC) of Victory, for three months from 22 July 2026 to 21 October 2026.
June 2026 1
- First cohort of GenA.I. Sandbox++
Applications for the GenA.I. Sandbox++ are now open until 30 June 2026.
April 2026 1
- SFC directs IPO sponsors to promptly conduct internal reviews to rectify serious deficiencies in the preparation of new listing documents
The 13 sponsors that received a joint letter from the SFC and SEHK in December 2025 ... as well as sponsors with strained resources, are required to complete comprehensive reviews ... within three months.
February 2026 1
- SFC and HKMA jointly consult on standard calculation periods under OTC derivative Clearing Rules
Interested parties are invited to submit comments to the SFC or HKMA by 27 February 2026.