Hong Kong Regulators Plan OTC Derivatives Clearing Rule Changes Effective March 1, 2027

Hong Kong’s Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) issued a joint consultation conclusions paper on proposed revisions to over-the-counter (OTC) derivatives trading requirements under the Clearing Rules. According to Odaily, citing broad market support, the SFC and HKMA will begin the legislative process to incorporate the proposed amendments into the Clearing Rules. The regulators plan to implement the revisions starting March 1, 2027, which is the proposed start date for a new set of calculation periods.