The SFC and HKMA conclude annual update to the Financial Services Providers list under OTC derivatives regulatory regime, considering market feedback to implement proposed changes. Updated list and consultation conclusions available on their respective websites.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On June 26, 2025, the Securities and Futures Commission ("SFC") and Hong Kong Monetary Authority ("HKMA") jointly released their consultation conclusions regarding the annual update to the Financial Services Providers ("FSP") List under the over-the-counter ("OTC") derivatives clearing regime.
Upon carefully considering market feedback, the SFC and HKMA will proceed with the proposed modifications to the FSP List, as outlined in their consultation paper. The consultation conclusions paper and the updated FSP List are available for public review on both the SFC and HKMA websites.
The updated FSP List will be formally published and come into effect on January 1, 2026, after being gazetted during the fourth quarter of 2025.
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