Hong Kong Panel Cracks Down Over Fringe Forex Dealers

REGULATIONS

Market sources have welcomed a public consultation document in Hong Kong released by the Securities and Futures Commission (SFC) on proposed legislation to crack down on growing foreign exchange abuses in the British colony.

"I see this as a positive step which hopefully will be given the full force of law by the end of the year," says a spokesperson for Union Bank of Switzerland, a leading player in the local interbank market according to a poll conducted earlier this year (FX Week, April 5)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: