SFC Market Sounding Guidelines Compliance Services
The Securities and Futures Commission (SFC) has introduced the Hong Kong Market Sounding Guidelines, which will take effect on May 2, 2025.
These guidelines establish regulatory standards for SFC-licensed and registered intermediaries involved in market soundings, aiming to enhance compliance and safeguard sensitive information.
At Waystone, we are uniquely positioned to assist firms in navigating the complexities of the SFC guidelines. With over 100 compliance specialists globally, we possess extensive expertise in regulatory compliance for fund managers, particularly in the APAC region. Our pragmatic and tailored solutions are designed to align with both local and international standards, ensuring that our clients meet their regulatory obligations efficiently.
Our Solutions
We offer a comprehensive suite of services to support your compliance with the SFC Market Sounding Guidelines:
- Policy Development: We help update your internal policies and procedures to reflect the latest regulatory guidelines, ensuring robust governance and compliance.
- Training Programs: Our training sessions equip your investment teams with the knowledge to handle market-sounding information and understand the risks associated with material non-public information (MNPI).
- Documentation Support: We assist in implementing comprehensive documentation and audit trails for market-sounding interactions to ensure transparency and accountability.
- Monitoring Processes: Our experts help establish trading restrictions and pre-clearance processes to manage potential trading risks associated with market soundings.
- Collaboration with Sell-Side Firms: We facilitate communication with sell-side counterparties to ensure compliance with SFC guidelines and clarify confidentiality and disclosure expectations.
- Global Compliance Alignment: We conduct cross-jurisdictional reviews to align your market-sounding practices with global regulatory standards.
Find out more
If you are looking to stay ahead of regulatory expectations and strengthen your compliance foundation, contact your Waystone Compliance Solutions representative or reach out to us below.