SFC statement on US sanctions

The Securities and Futures Commission (SFC) is issuing this statement in response to enquiries following the latest announcement by the US government on the imposition of sanctions against additional individuals in Hong Kong and Mainland China.

The SFC reiterates that in considering the implications of the sanctions, intermediaries are expected to carefully assess any legal, business and commercial risks that they may be exposed to. Any response to the sanctions should be necessary, fair, and having regard to the best interests of their clients and the integrity of the market.

The SFC will continue to monitor closely the impact that the sanctions may have on the operation of intermediaries, the interests of investors and financial stability and orderliness of the markets in Hong Kong.