Legislative amendments to the SFO and related ordinances
Amended by |
Gazette |
Description |
Legislative Council Brief |
Consultation Paper |
Consultation Conclusions |
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Securities and Futures Ordinance |
Ord. No.5 of 2002 (Originally) |
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Interpretation and General Clauses Ordinance |
L.N. 106 of 2002 |
Consequential amendments to section 1(2), section 406(1), Schedule 8 and Schedule 10 of SFO relating to “Secretary” |
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Securities and Futures Ordinance (Amendment of Schedule 10) Order 2002 |
L.N. 226 of 2002 |
Amendments to Schedule 10 of SFO |
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Securities and Futures Ordinance (Amendment of Schedule 8) Order 2002 |
L.N. 231 of 2002 |
Amendments to Schedule 8 of SFO |
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Law Amendment and Reform (Miscellaneous Provisions) Ordinance 2003 |
Ord. No.14 of 2003 |
Amendment to Schedule 1, in Part 1, in section 1 of SFO, the definition of “the Commissioner of ICAC” |
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Companies (Amendment) Ordinance 2003 |
Ord. No.28 of 2003 |
Consequential amendments to section 51(3) of SFO |
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Rectification of Errors Order 2004 |
L.N. 29 of 2004 |
Amendments to section 409 of SFO |
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Deposit Protection Scheme Ordinance |
Ord. No.7 of 2004 |
Amendments to Part XII of SFO regarding the restriction on entitlement to compensation |
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Professional Accountants (Amendment) Ordinance 2004 |
Ord. No.23 of 2004 |
Consequential amendments to sections 23, 174(2)(a), 175, 378 and Schedule 1, Part 1, section 1, Schedule 5, Part 2 and Schedule 7 of SFO |
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Companies (Amendment) Ordinance 2004 |
Ord. No.30 of 2004 |
Consequential amendments to sections 103, 116(2)(a)(i) & (iii), 148(2)(d), 164(3)(c), 175, 193(1), 400(c) and Schedule 1, Part 1, section 1 and Schedule 10 of SFO |
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Statutes Law (Miscellaneous Provisions) Ordinance 2005 |
Ord. No.10 of 2005 |
Consequential amendments to SFO |
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Securities and Futures Ordinance (Amendment of Schedule 5) Notice 2005 |
L.N. 197 of 2005 |
Amendments to Schedule 5 of SFO |
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Securities and Futures (Amendments) Ordinance |
Ord. No.15 of 2006 |
Amendments to sections 11(1), 15(2)(b), 240(4), Part 1 of Schedule 1 and Part 1 of Schedule 2 of SFO |
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Financial Reporting Council Ordinance |
Ord. No.18 of 2006 |
Consequential amendments to section 257(1) and 378(3)(f) of SFO |
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Companies (Amendment) Ordinance 2010 |
Ord. No.12 of 2010 |
Amendments to section 397 of SFO |
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Securities and Futures Ordinance (Amendment of Schedule 5) Notice 2011 |
L.N. 28 of 2011 |
Amendment to SFO, Schedule 5, Part 2 by adding credit rating companies |
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Securities and Futures and Companies Legislation (Structured Products) Ordinances |
Ord. No.8 of 2011 |
Amendments to sections 102-108, 111, 182, 213, 379, 392, 407, Schedule 1, Schedule 8 and Schedule 10 of SFO |
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Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance |
Ord. No. 15 of 2011 |
Consequential amendments to sections 13, 180, 378 and Schedule 1 of SFO |
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Securities and Futures (Amendment) Ordinance 2012 |
Ord. No. 9 of 2012 |
Adding new section of Part XIVA |
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Securities and Futures Ordinance (Amendment of Schedule 1) Notice 2012 |
L.N.94 of 2012 |
Amendment to SFO, Schedule 1, Parts 2 & 3 |
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Companies Ordinance |
Ord. No. 28 of 2012 |
Consequential Amendments to SFO, Schedule 1, Schedule 5, Schedule 7, Schedule 8, Schedule 10 of the SFO, SF (Licensing and Registration)(Information) Rules - Cap.571S, SF (Miscellaneous) Rules - Cap.571U, SF (Price Stabilizing) Rules - Cap.571W, SF (Contracts Limits and Reportable Positions) Rules - Cap.571Y, SF (Levy) Rules - Cap.571AA, SF (Investor Compensation-Levy) Rules- Cap.571AB, SF (Transfer of Functions-Investor Compensation Company) Order - Cap.571AD, SF (Transfer of Functions-Stock Exchange Company) Order - Cap.571AE, SF (Fees) Rules - Cap.571AF, SF (Disclosure of Interests-Exclusions) Regulation - Cap.571AG |
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Securities and Futures (Amendment) Ordinance 2014 |
Ord. No. 6 of 2014 |
Amendments to the SFO in relation to OTC Derivative Transactions - Reporting, Clearing, Trading, Record Keeping Obligations, Powers of Monetary Authority of Investigation and Disciplinary Action by Monetary Authority and also amendments relating to protections under Part III of the SFO. Amendments relating to Electronic Filing and Disgorgement Orders for Market Misconduct Offences are in Part 4 and Part 5 of the Amendment Ordinance |
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Securities and Futures (Amendment) Ordinance 2014 (Commencement) Notice 2016 |
L.N. 27 of 2016 |
Commencement Notice of specific sections of Securities and Futures (Amendment) Ordinance 2014 |
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Securities and Futures and Companies Legislation (Uncertificated Securities Market Amendment) Ordinance 2015 |
Ord. No. 5 of 2015 |
Amendments to the SFO (in particular, amended the SFO by adding Part IIIAA) to facilitate the establishment and implementation of an uncertificated securities market regime in Hong Kong Also, amendments to the Companies Ordinance and other enactments are in Part 3 and Part 4 of the Securities and Futures and Companies Legislation (Uncertificated Securities Market Amendment) Ordinance 2015 |
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Insurance Companies (Amendment) Ordinance 2015 |
Ord. No. 12 of 2015 |
Consequential Amendments to sections 129, 179, 180, 308, 378, 381, Schedule 1 and Schedule 5 of the SFO Also, there are consequential amendments to section 2 of the SF (Investor Compensation - Claims) Rules (Cap.571T) and section 2 of the SF (Insurance) Rules (Cap.571AI) |
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Securities and Futures (Amendment) Ordinance 2015 |
Ord. No. 19 of 2015 |
Amendments to the SFO in relation to Printed Licences and Certificates of Registration; SF (Licensing and Registration) (Information) Rules; SF (Miscellaneous) Rules; SF (Fees) Rules; SF (Levy) Order and relating to Supervisory Assistance to Regulators outside Hong Kong and Disclosure of Information by Recognized Exchange Company. |
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Fixed Penalty (Public Cleanliness Offences) (Amendment) Ordinance 2016 |
Ord. No. 4 of 2016 |
Consequential Amendment of the definition of minor offence in section 2(1) of the SFO |
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Securities and Futures Ordinance (Amendment of Schedule 1) Notice 2016 |
L.N. 59 of 2016 |
Amendments in relation to the Schedule 1 of the SFO |
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Companies (Winding Up and Miscellaneous Provisions) (Amendment) Ordinance 2016 |
Ord. No. 14 of 2016 |
Consequential Amendments to sections 50 and 51 of the SFO |
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Securities and Futures (Amendment) Ordinance 2016 |
Ord. No. 16 of 2016 |
Amendments to sections 36, 56 and 103 and adding Part IVA of the SFO |
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Financial Institutions (Resolution) Ordinance |
Ord. No. 23 of 2016 |
Consequential Amendments to sections 10, 307B, 310, 341, 378, 381B, Schedule 1 part 1 and Schedule 2 of the SFO |
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Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) (Amendment) Ordinance 2018 |
Ord. No. 4 of 2018 |
Consequential Amendments to sections 130, 180, 378, 381B and Schedule 1 of the SFO |
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To view the current and previous versions of the amended provisions of the Securities and Futures Ordinance (SFO), its subsidiary legislation and related ordinances, please refer to the Hong Kong e-Legislation (HKeL) operated by the Department of Justice (DoJ) of the Hong Kong Special Administrative Region Government.
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Derivation table
The derivation table contains some old provisions from which the various sections of Securities and Futures Ordinance (SFO) were derived. Equivalent clauses of the Blue Bill (including clauses added during the Committee Stage of Legislative Council deliberations) are also given in the table.
Transitional materials
Securities and Futures Bill and background documents
Securities and Futures Bill (1996/97 Draft) and consultation documents
Document | Date |
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Main Proposed Revisions to a Draft for a Composite Securities and Futures Bill | 6 Jan 1997 |
A Consultation Paper on a Draft for a Composite Securities and Futures Bill | Apr 1996 |
Draft for a Securities and Futures Bill (PDF) | 15 Jul 1996 |
Consultation documents on subsidiary legislation under the Securities and Futures Bill
Enabling provision in the Securities and Futures Ordinance | Subsidiary Legislation | Consultation Paper/ Commencement of Consultation/Close of Consultation | Consultation Conclusion Paper | LegCo Brief on Subsidiary Legislation | Gazetted Version | |
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Part III | ||||||
1. | Section 25(1) | (Transfer of Functions - Stock Exchange Company) Order | Begins: 06.05.02 Ends: 07.06.02 |
24.07.02 | 13.12.02 | |
2. | Section 35(1) | (Contracts Limits and Reportable Positions) Rules | Begins: 28.03.02 Ends: 16.04.02 Begins: 17.09.03 Ends: 15.10.03 |
19.04.02 | 13.12.02 05.03.04 (Contracts Limits and Reportable Positions) (Amendment) Rules 2004 |
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Guidance Note on Position Limits and Large Open Position Reporting Requirements | Begins: 24.01.03 Ends: 25.02.03 Begins: 17.09.03 Ends: 15.10.03 |
02.03.04 Proposed amendments to the Guidance Note on Position Limits and Large Open Position Reporting Requirements |
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3. | Section 36(1) | (Stock Market Listing) Rules | Begins: 06.05.02 Ends: 07.06.02 Begins: 07.01.05 Ends: 31.03.05 |
24.07.02 | 13.12.02 | |
4. | Section 80(1) | (Transfer of Functions - Investor Compensation Company) Order | Begins: 28.03.02 Ends: 25.04.02 |
05.06.02 | 13.12.02 | |
Part V | ||||||
5. | Section 116(5) | (Insurance) Rules | Begins:26.06.02 Ends: 25.07.02 |
13.09.02 | 17.01.03 | |
6. | Section 118(2) | (LFET (Arbitration)) Rules | Begins:28.03.02 Ends: 16.04.02 |
19.04.02 | 29.11.02 | |
7. | Sections 128(3), 135(3), 136(2) & 397 | Licensing and Registration) (Information) Rules formerly named (Intermediary Information) Rules formerly named (Licensed Persons and Registered Institutions) Rules |
Begins: 19.07.02 Ends: 08.08.02 Begins: 16.11.01 Ends: 17.12.01 |
13.09.02 18.04.02 |
13.12.02 | |
Part VI | ||||||
8. | Section 145(1) | (Financial Resources) Rules | Begins:14.06.02 Ends: 12.07.02 |
11.10.02 | 13.12.02 | |
9. | Section 148(1) | (Client Securities) Rules | Begins: 12.04.01 Ends: 24.05.01 |
11.07.02 | 06.12.02 | |
10. | Section 149(1) | (Client Money) Rules | Begins: 12.04.01 Ends: 24.05.01 |
11.07.02 | 06.12.02 | |
11. | Section 151(1) | (Keeping of Records) Rules | Begins: 15.02.02 Ends: 15.03.02 |
11.07.02 | 13.12.02 | |
12. | Section 152(1) | (Contract Notes, Statements of Account and Receipts) Rules formerly named (Contract Notes, Receipts and Statements of Account) Rules |
Begins: 28.09.01 Ends: 09.11.01 |
06.06.02 | 13.12.02 | |
13. | Sections 156(1) & 397(1) | (Accounts and Audit) Rules | Begins: 21.12.01 Ends: 31.01.02 |
11.07.02 | 13.12.02 | |
14. | Sections 165(1) & 397(1) | (Associated Entities - Notice) Rules formerly named (Associated Entities) Rules |
Begins: 22.03.02 Ends: 19.04.02 |
30.05.02 | 06.12.02 | |
Part VII | ||||||
15. | Sections 170(3)(e) & 397(1) | (Short Selling and Securities Borrowing and Lending (Miscellaneous)) Rules formerly named (Short Selling Exemption and Stock Lending) Rules |
Begins: 24.05.02 Ends: 21.06.02 |
11.07.02 | 13.12.02 | |
16. | Sections 174(3)(d) & 397(1) | (Unsolicited Calls - Exclusion) Rules | Begins: 19.10.01 Ends: 19.11.01 |
15.03.02 | 29.11.02 | |
Part IX | ||||||
17. | Sections 194(5) & 397(1) | (Registration of Commission Disciplinary Orders) Rules formerly named (Registration of Disciplinary Orders) Rules |
Begins: 27.03.02 Ends: 24.04.02 |
05.06.02 | 29.11.02 | |
Part XI | ||||||
18. | Section 233(d) | (Securities and Futures Appeals Tribunal) Rules | ||||
19. | Sections 226 & 233(b) | (Registration of Appeals Tribunal Orders) Rules formerly named (Appeals Tribunal - Registration of Orders) Rules |
See the consultation paper on the (Registration of Commission Disciplinary Orders) Rules *Item 17 |
See the consultation conclusion paper on the (Registration of Commission Disciplinary Orders) Rules *Item 17 |
06.12.02 | |
20. | Section 234 | (Amendment of Schedule 8) Order 2002 formerly named (Amendment of Schedule 8) Order
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Begins: 05.08.02 Ends: 26.08.02 |
12.09.02 | 13.12.02 | |
Part XII | ||||||
21. | Section 244(1) | (Investor Compensation - Levy) Rules formerly named (Investor Compensation) Rules |
Begins: 28.03.02 Ends: 25.04.02 |
05.06.02 | 13.12.02 | |
22. | Section 244(1) | (Investor Compensation - Compensation Limits) Rules | Begins: 28.03.02 Ends: 25.04.02 |
05.06.02 | 13.12.02 | |
23. | Section 244(2) | (Investor Compensation - Claims) Rules formerly named (Investor Compensation - Miscellaneous) Rules |
Begins: 28.03.02 Ends: 25.04.02 |
05.06.02 | 13.12.02 | |
Part XIII | ||||||
24. | Sections 264 & 269(b) | (Registration of Market Misconduct Tribunal Orders) Rules formerly named (Market Misconduct Tribunal - Registration of Orders) Rules |
See the consultation paper on the (Registration of Commission Disciplinary Orders) Rules *Item 17 |
See the consultation conclusion paper on the (Registration of Commission Disciplinary Orders) Rules *Item 17 |
06.12.02 | |
25. | Sections 282(1) & 306(1) | (Price Stabilizing) Rules formerly named Market Misconduct (Exemption for Stabilization Activities) Rules |
Begins: 08.02.02 Ends: 08.03.02 |
09.07.02 | 13.12.02 12.12.03 (Price Stabilizing) (Amendment) Rules |
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Part XV | ||||||
26. | Section 376(1)(b) | (Disclosure of Interests - Exclusions) Regulations | Begins: 16.05.02 Ends: 08.06.02 |
12.07.02 | 13.12.02 | |
27. | Section 377 | (Disclosure of Interests - Securities Borrowing and Lending) Rules | Begins: 19.12.01 Ends: 26.01.02 |
12.07.02 | 13.12.02 | |
Notice of Recognition of Places | ||||||
List of approved lending agents | ||||||
Part XVI | ||||||
28. | Section 393 | (Collective Investment Schemes) Notice formerly named (Gold Purchase) Notice |
Begins: 25.03.02 Ends: 22.04.02 |
03.06.02 | 06.12.02 | |
29. | Section 394(1) | (Levy) Order | Begins: 03.04.02 Ends: 30.04.02 |
05.06.02 | 13.12.02 | |
30. | Section 394(5) | (Levy) Rules | Begins: 03.04.02 Ends: 30.04.02 |
05.06.02 | 13.12.02 | |
31. | Section 395 | (Fees) Rules | Begins: 30.07.02 Ends: 24.08.02 |
16.09.02 | 13.12.02 | |
Proposed Licensing Fees under the Securities and Futures (Fees) Rules | Begins: 08.03.02 Ends: 08.04.02 |
30.07.02 | ||||
32. | Sections 397(1) | (Miscellaneous) Rules | Begins: 02.07.02 Ends: 26.07.02 |
12.09.02 | 13.12.02 | |
33. | Section 397(1) | (LFET - Exemption) Rules | Begins: 05.06.02 Ends: 26.06.02 |
11.07.02 | 29.11.02 | |
34. | Section 397(1) | (Professional Investor) Rules | Begins: 01.02.02 Ends: 28.02.02 |
04.06.02 | 29.11.02 | |
35. | Section 397(1) | (Recognized Counterparty) Rules | Begins: 30.11.01 Ends: 29.12.01 |
23.04.02 | 29.11.02 | |
36. | Section 397(1) | (Exempted Instruments - Information) Rules formerly named (Information) Rules |
Begins: 19.03.02 Ends: 16.04.02 |
19.04.02 | 29.11.02 | |
37. | Section 398(6) | (Offences and Penalties) Regulations | Begins: 26.07.02 Ends: 16.08.02 |
13.09.02 | 13.12.02 | |
Part XVII | ||||||
38. | Section 409 | (Amendment of Schedule 10) Order 2002 | 13.12.02 | |||
Others | ||||||
39. | Companies Ordinance (Exemption of Companies and Prospectuses from Compliance with Provisions) (Amendment) Notice 2002 | 06.12.02 | ||||
40. | SFO (Cap.571) (Commencement) Notice | 17.01.03 | ||||
41. | SFO (Cap.571) (Appointment of Day - Repeal of Ordinances) Notice | 17.01.03 | ||||
42. | SFO (Cap.571) (Appointment of Day - Unified Exchange Compensation Fund) Notice | 17.01.03 | ||||
43. | SFO (Cap.571) (Appointment of Day - Futures Exchange Compensation Fund) Notice | 17.01.03 |
Others
Date | Documents |
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06.12.2002 | Companies Ordinance (Exemption of Companies and Prospectuses from Compliance with Provisions) (Amendment) Notice 2002 |
17.01.2003 | SFO (Cap.571) (Commencement) Notice |
17.01.2003 | SFO (Cap.571) (Appointment of Day - Repeal of Ordinances) Notice |
17.01.2003 | SFO (Cap.571) (Appointment of Day - Unified Exchange Compensation Fund) Notice |
17.01.2003 | SFO (Cap.571) (Appointment of Day - Futures Exchange Compensation Fund) Notice |
Last update: 12 May 2021