SFC updates its 2006 Guidance Note on Cooperation clarifying approach to cooperation in disciplinary, civil and MMT proceedings

The Securities and Futures Commission (SFC) published a new Guidance Note on Cooperation with the SFC on 12 December 2017 (Guidance Note), with FAQs. The Guidance Note has elaborated the SFC’s approach to cooperation in disciplinary, civil and Market Misconduct Tribunal (MMT) proceedings.

The Guidance Note does not affect criminal cases in which the Department of Justice retains unfettered discretion.

Read more about our summary report on the Guidance Note