Facebook   LinkedIn   WeChat   YouTube Alert List


List of comparable OTCD jurisdictions

Pursuant to paragraph 20.5 of the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission (Code of Conduct), the following jurisdictions have been determined by the SFC to be comparable OTCD jurisdictions: Australia, Canada, Mainland China, France, Germany, Ireland, Italy, Japan, the Netherlands, Republic of Korea, Singapore, Spain, South Africa, Switzerland, the United Kingdom and the United States of America.

For the purposes of paragraphs 20.2 to 20.4 of the Code of Conduct, the SFC would consider a corporation to be regulated as an OTC derivative dealer or a bank in a way that is similar to the way the OTC derivative dealing activities of a licensed corporation or an authorised financial institution (as case may be) is regulated in Hong Kong if the corporation is regulated, in respect of its OTC derivative dealing activities, in a comparable OTCD jurisdiction by a regulator named below in respect of the jurisdiction:

Regulatory authority
Australia Australian Prudential Regulation Authority
Australian Securities and Investments Commission
Canada Office of the Superintendent of Financial Institutions
Ontario Securities Commission
Autorité des marchés financiers (AMF)
Mainland China China Banking and Insurance Regulatory Commission
China Securities Regulatory Commission
France Autorité de Contrôle Prudentiel et de Résolution (ACPR)
Autorité des marchés financiers (AMF)
Germany Federal Financial Supervisory Authority (BaFin)
Ireland Central Bank of Ireland
Italy Bank of Italy
Commissione Nazionale per le Società e la Borsa (CONSOB)
Japan Financial Services Agency
Netherlands De Nederlandsche Bank (DNB)
The Dutch Authority for the Financial Markets
Republic of Korea Financial Supervisory Service (FSS)
Financial Services Commission (FSC)
Singapore Monetary Authority of Singapore
Spain Banco de España (BdE)
Comisión Nacional del Mercado de Valores (CNMV)
South Africa South African Reserve Bank
Financial Sector Conduct Authority
Switzerland Swiss Financial Market Supervisory Authority (FINMA)
United Kingdom Prudential Regulation Authority
Financial Conduct Authority
United States of America The Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Commodity Futures Trading Commission
Securities and Exchange Commission

Last update: 17 May 2019

We use cookies to improve the website performance and user experience. If you continue to use this website, you are agreeing to their uses. Learn more about our privacy policy.