Compliance, Legislative & Regulatory Standards

[In-person] Handling an SFC Investigation


The Securities and Futures Commission (“SFC”) has extensive power of investigation. The SFC investigation is an evidence collection process for any possible wrongdoing. As a financial practitioner, it is essential to understand how the SFC conducts the investigation and what should be aware of when handling the investigation.


The seminar examines the financial practitioner’s role in the SFC investigations and shares the practical issues in interacting with SFC investigators.


• How does SFC initiate an investigation?
• SFC investigatory powers and recent case laws
• The SFC investigation process
• Financial practitioner’s roles in SFC investigation
- Written enquiries
- Interview
- Search operation
• Practical issues in interacting with SFC investigators

Who should attend

Directors, responsible officers, managers-in-charge and licensed representatives of licensed corporations, compliance officers and risk managers.

Speaker/Course Instructor

Donald LAI
Donald is a solicitor, certified public accountant and chartered company secretary. Before working as a regulatory legal counsel of a financial institution, he was a veteran regulator. Donald earned two undergraduate and two post-graduate degrees in accounting and law from universities in Canada, Hong Kong, and the UK. Donald specialises in securities laws. He was a part-time lecturer of Baptist University responsible for teaching “Securities Regulation” to post-graduate students. He is one of the contributing editors of the 2018 and 2019 editions of the SFO: Commentary and Annotations.


Date & Time
Friday, 27 Oct 2023 (6:30PM - 9:00PM)
HKSI Institute, 17/F, Cambridge House, Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong
Relevant Subject
Type 1 - Dealing in securities
Type 2 - Dealing in futures contracts
Type 3 - Leveraged foreign exchange trading
Type 4 - Advising on securities
Type 5 - Advising on futures contracts
SFC:2.50, PWMA:2.50