What is SFC trading?
What Is the Securities And Futures Commission? The Securities And Futures Commission (SFC) is a non-governmental statutory body responsible for regulating Hong Kong’s securities and futures markets. The SFC was established by the Securities and Futures Commission Ordinance (SFCO).
What is SFC Edsp?
In December 2020, the Securities and Futures Commission (“SFC”) issued a set of frequently asked questions (“FAQs”) on the use by securities firms of electronic data storage providers (“EDSPs”), such as cloud service providers, for keeping regulatory records.
Why is SFC important?
It is important not only in aircraft design but also in the operation of the aircraft. First and foremost, SFC indicates how efficiently a power plant converts chemical into mechanical energy.
What FRR reporting?
Reporting (FRR) VALOORES’ in’FRR solution equips multi-jurisdiction institutions with a Business Process Management vehicle, a Data Governance and Analytics platform, a report designer to adapt to regulations as they metamorphose and a universal dashboard engine to monitor activities.
Why do you want to work in SFC?
“The SFC gives you a wide exposure to the market, constant training to keep up-to-date with market trends and development to prepare for new challenges.” Working at the SFC gives me a wide exposure to different groups of clientele varying in sizes and scopes.
What is electronic data storage?
Electronic storage means any storage of electronic user data on a computer, computer network, or computer system regardless of whether the data is subject to recall, further manipulation, deletion, or transmission.
Who owns SFC?
Structure. The SFC is an independent statutory body whose powers derive from the Securities and Futures Ordinance (SFO) legislation. The SFC is made up of a board whose members are appointed by the Chief Executive of Hong Kong for a fixed term, a majority of which must be independent Non-Executive Directors.
What does FRR mean in fire rating?
Fire Resistance Protection Fire resistance solutions are a critical component to passive fire protection in your building.
What is excess liquid capital?
( 速動資金 ), in relation to a licensed corporation, means the amount by which its liquid assets exceeds its ranking liabilities; listed.
What does HK SFC do?
The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate Hong Kong’s securities and futures markets. We derive our investigative, remedial and disciplinary powers from the Securities and Futures Ordinance (SFO) and subsidiary legislation.
Is HKEX a regulated market?
HKEX as a listed company – HKEX, as a listed company on its own stock market, is regulated by the SFC to avoid any conflict of interest and to ensure a level playing field between HKEX and other listed companies which are subject to the Listing Rules of both the Main Board and GEM.
Who regulates SFC?
The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate Hong Kong’s securities and futures markets.
Is SFC part of Government?
Operationally independent of the Government of the Hong Kong Special Administrative Region, we are funded mainly by transaction levies and licensing fees.
Why is BSFC important?
BSFC is a measure of the fuel efficiency of any engine that burns fuel and produces rotational power output. The BSFC value indicates how efficiently the engine converts fuel supplied into useful work. One of the main parameters used to determine the characteristics of biodiesel on BSFC is calorific value.