On September 28, 2026, the SFC hosted its fourth Brokers' Forum titled 'Defend Your Business, Outsmart the Scammers,' attracting over 600 industry participants to discuss cybersecurity and anti-scam measures in Hong Kong's securities sector.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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Event Overview
On September 28, 2026, the Securities and Futures Commission of Hong Kong (""SFC"") convened its Brokers' Forum under the title 'Defend Your Business, Outsmart the Scammers,' attracting in excess of six hundred (600) industry participants. The forum was organised as part of the SFC's continuing programme of engagement with the securities sector and served to disseminate the latest supervisory observations and regulatory updates pertaining to cybersecurity protocols and anti-scam measures.
Panel Discussion: Joint Actions Against Financial Scams
A central element of the forum comprised a panel discussion featuring representatives from the SFC, the Commercial Crime Bureau of the Hong Kong Police Force, the Investor and Financial Education Council (""IFEC""), and members of the securities industry. The panellists addressed joint enforcement actions against financial scams, with particular focus on emerging scam typologies, preventive strategies, and current regulatory priorities.
Key Presentations: Cyber Resilience and Anti-Scam Outreach
The programme further included a presentation delivered by the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, which examined measures for strengthening cyber resilience within the brokerage sector and mitigating scam risks at an institutional level. In addition, the SFC provided a briefing on its ongoing anti-scam public outreach initiatives.
Remarks by Dr Eric Yip – Executive Director of Intermediaries ("SFC")
In his welcoming address, Dr Eric Yip underscored that 'The SFC-hosted Forum brought into focus the importance for brokers to adopt robust measures to protect themselves and their clients' assets from technology-enabled financial crimes.' He further confirmed that the SFC would maintain its regular dialogue with market stakeholders and continue to jointly assess the implications of technological advancement and attendant risks upon the securities industry. Dr Yip characterised this regulatory posture as reflective of the Commission's standing commitment to fostering information sharing, elevating industry awareness of scam-related threats, reinforcing overall market resilience, and underpinning the sustainable development of Hong Kong's securities market.
Opening Keynote Address by Hon Robert Lee – Legislative Councillor (Financial Services Functional Constituency)
Hon Robert Lee noted in his opening keynote that this constituted the fourth iteration of the Brokers' Forum organised by the SFC. He observed that the forum was designed to fortify communication channels between industry participants and regulators, while facilitating the exchange of views on matters of market significance. In contextualising the urgency of anti-scam measures, Hon Robert Lee cited figures indicating that online investment scams had inflicted losses amounting to HK$3.58 billion in 2025. He further stated that the Legislative Council had been actively supporting the Government's efforts to enhance the efficacy of anti-scam initiatives and expressed his expectation that law enforcement agencies, regulators, IFEC, and industry participants would sustain their collaborative framework for scam prevention going forward.
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