The Hong Kong Securities and Futures Commission participates again in global regulatory efforts to combat illegal activities of financial influencers

The Hong Kong Securities and Futures Commission is working with securities regulators around the world to combat illegal activities by financial influencers. Hong Kong Securities and Futures Commission Chief Executive and Chair of the Asia-Pacific Committee of the International Organization of Securities Commissions, Julia Leung, stated: “As financial promotions become increasingly common on social media, regulators worldwide must collaborate to protect investors from illegal financial promotions and create a fair online environment. The SFC is committed to supporting this global initiative as part of our efforts to address online scams that often cross jurisdictional boundaries.”