HKSFPA Holds Policy Exchange Meeting with the FSTB
Release Date: 2025-09-12
The Hong Kong Securities & Futures Professionals Association (“the Association”) held a policy exchange meeting with officials from the Financial Services and the Treasury Bureau (“FSTB”) on 12 September 2025. The meeting aimed to discuss a range of policy issues materially affecting the market, convey frontline industry views to policymakers, and promote the continued development of Hong Kong’s financial markets.The Association’s delegation was led by Vice-Chairmen Mr. Thomas IP Hon-tak, Mr. Steven WONG Shing-ho, and Mr. HUI Yau-wing, and comprised nine participants in total, including several directors and officers. The Bureau’s delegation was headed by Principal Assistant Secretary Mr. Marco CHU Chi Ho and Mr. Larry CHU Ho, and included multiple assistant secretaries and officials.
The meeting covered a broad and forward-looking agenda, including the following key topics:
• Transparency of stamp duty data
• Feasibility and market impact of reducing or abolishing stamp duty on equities
• Practical difficulties faced by financial institutions when opening bank accounts and proposed improvements
• Trading-mechanism enhancements to boost market efficiency and liquidity
• Issuing regime for technology companies
• Deepening and expanding the scope of the Connect Hub mechanisms
• Issues relating to statutory corporate rescue procedures
• Recommendations to refine disclosure of high concentration of shareholdings
• Regulatory framework and developmental roadmap for digital assets
• Issues and supporting measures for promoting Islamic finance in Hong Kong
The meeting was candid and constructive. The Association emphasised that many of the proposed policies would not only invigorate market activity but also reinforce Hong Kong’s position as an international financial centre.
This exchange strengthened the communication bridge between the government and the industry and laid a solid foundation for subsequent policy enhancements. The Association will continue to play an active industry-platform role, consolidate professional views, advocate measures conducive to the market’s long-term healthy development, and persist in pursuing a more favourable business environment for its members and the wider industry.
