Hong Kong SFC closes consultation on proposed guidelines to reduce and mitigate hacking risks related to internet trading

Posted on July 13, 2017
Archive : July 2017
Category : Herbert Smith Freehills

by Fahmida Chowdhury

On 7 July 2017, the consultation by the Securities and Futures Commission (SFC) on proposals to reduce and mitigate hacking risks associated with internet trading closed. The consultation follows on from the SFC’s thematic review of the resilience to hacking risks of brokers engaged in internet trading (internet brokers) in late 2016.  The SFC aims to publish its consultation conclusions by September or October 2017.  Internet brokers will then be allowed 6 months to implement the new requirements.

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