The Briefing.

Browse by topic

Every theme the SFC keeps returning to.

The circulars and briefings, grouped by the themes that actually recur — so you can see how one area developed over the past year, in plain English.

Products16

SFC circulars on product authorisation, distribution and suitability — what changes for firms selling funds and investme…

Technology & cybersecurity13

SFC expectations on cybersecurity, login authentication, AI-era threats and operational technology — what internet broke…

Virtual assets (VA)12

SFC developments for virtual-asset service providers and VA-related products — licensing standards, stablecoin activity,…

Conduct10

SFC conduct requirements and enforcement themes — the standards licensed representatives are held to, and the failures t…

Anti-money laundering (AML/CFT)8

SFC circulars and briefings on anti-money laundering and counter-financing of terrorism — FATF statements, red-flag typo…

OTC derivatives7

SFC and HKMA developments on OTC-derivatives reporting, clearing and the regulatory regime — the obligations that catch …

Type 14

Every SFC circular and CompliAI Briefing tagged Type 1 — summarized in plain English with the small-firm "so what", each…

Licensing3

SFC licensing developments — application standards, competence, and the ongoing obligations tied to each regulated-activ…

All licences2

Every SFC circular and CompliAI Briefing tagged All licences — summarized in plain English with the small-firm "so what"…

Client assets2

SFC requirements for safeguarding client money and securities — segregation, reconciliation and the controls that keep c…

Financial Resources Rules (FRR)2

SFC Financial Resources Rules developments — liquid-capital requirements and returns for licensed corporations.

Type 41

Every SFC circular and CompliAI Briefing tagged Type 4 — summarized in plain English with the small-firm "so what", each…

Type 91

Every SFC circular and CompliAI Briefing tagged Type 9 — summarized in plain English with the small-firm "so what", each…