“The "Quarterly Report" (October to December 2016) published by the Hong Kong Securities Regulatory Commission on February 17 shows that，As of December 31 last year，The total number of licensed institutions, persons and registered institutions hit a new high of 42,665，The number of licensed institutions increased by 11% to 2,411，record high。
The Securities and Futures Commission of Hong Kong stated，Joint consultation underway with Hong Kong Exchanges and Clearing Limited (HKEX) on proposed improvements to listing regulatory decision-making and governance structures，Analyze market response。and is committed to implementing it effective February 1, 2017、All individuals submit license applications through the SFC electronic services website、Mandatory requirements for notifications and annual returns。
Under the dual archiving system，In the nine months to December, the SFC reviewed 193 listing applications in collaboration with the Hong Kong Stock Exchange (00388)，Increased 12.9% year-on-year。Key tasks include launching the Shenzhen-Hong Kong stock market trading interconnection mechanism，and the Securities and Futures Commission and the Swiss Financial Market Supervisory Authority signed an agreement on mutual recognition of funds arrangements。
Seasonal，Hong Kong Securities and Futures Commission launches public consultation on proposals to strengthen regulation of the asset management industry and transparency in sales，and issued a circular on measures for core functional managers，Aims to clarify the accountability of senior management of licensed institutions。The SFC also issued two other circulars，In order to clarify the current responsibilities of licensed institutions and individuals in providing reasonable and appropriate advice to clients and provide relevant guidance。
also，The SFC announced that it is closely monitoring rights issues and public offers in conjunction with the Stock Exchange of Hong Kong Limited (SEHK)，and review the relevant provisions of the Listing Rules。Seasonal，The SFC took disciplinary action against five licensed institutions and 11 representatives，The total fines involved are NT$9.8 million.。”
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