Uncertificated securities market regime – targeted for launch in November 2026
Why this matters
This regulatory update from the SFC announces the launch of the uncertificated securities market (USM) regime in Hong Kong, which will impact capital markets, consumer credit, and mortgage/lending firms. It covers key developments, timelines, and operational changes that firms will need to prepare for, making it a high priority for relevant firms.
AI-generated classification rationale, not a full analysis. Verify with the original SFC source before acting. Full disclaimer.
What the SFC said
No description available.
Published by SFC . Read the full notice at the source for the authoritative text.
Context
Securities and Futures Commission (SFC) — Hong Kong securities regulator. We track 151 updates from them.
Hong Kong's financial markets are regulated by the SFC and HKMA. Browse all Hong Kong updates.
This update is classified under Authorisation & Licensing, Operational Resilience / Outsourcing, Technology & Cyber and Capital Markets & Trading.