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The Securities and Futures Commission (SFC) Website contains information and material compiled by the SFC for reference only. Any information we provide about how we may interpret the law or how certain problems may be addressed is provided generally without considering your specific circumstances, and does not constitute advice from the SFC. Such information should not be regarded as a substitute for professional advice. You should seek independent legal or other professional advice before taking action on any matters to which information provided on this website may be relevant, or if you have any doubt about how the law applies to you.

The information displayed on the website is not meant to be exhaustive but serves to facilitate users to access information that may be of particular interest.

The SFC shall not be responsible for any consequential effect, nor be liable for any loss or damage, howsoever caused, arising from the use of, or the inability to use, this website, or the use of, or reliance upon, any information or material provided on this website.

The SFC endeavours to ensure that the information contained on this website is accurate as at the date of publication, but does not warrant its accuracy or accept any liability (including third party liability) for any loss or damage, whether or not arising from any error or omission in compiling such information.

This website contains material sent to the SFC by third parties. The SFC is not responsible for any error, omission or inaccuracy in this material. The SFC reserves the right to omit, suspend or edit any material submitted.

Users who link from the SFC website to websites provided by other organisations should be aware that the information on those sites has not been compiled or issued by the SFC. The SFC is not responsible for such information and makes no representation about its accuracy, completeness or legality and will not be liable for any loss or damage arising from or related to its use. The inclusion of a link does not imply that the SFC endorses the website.

Unless otherwise stated, all copyright and other intellectual property rights in the materials on this website belong to the SFC. Such materials may be downloaded or printed for personal use or for use within an individual firm or organisation but may only be used for personal viewing purposes or for viewing within that firm or organisation. Such materials may not be reproduced for or distributed to third parties, or used for commercial purposes, without the SFC's prior written consent. Consent is not required where extracts of no more than a few relevant paragraphs are to be copied to third parties incidental to advice or other activities, provided that the source is properly acknowledged.

Our copyright notice (ie, Copyright © Securities and Futures Commission) must appear on all copies.


Last update: 4 Oct 2019

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