Welcome to the Market Misconduct Tribunal's home page.
The Tribunal is
an independent body which is established under the
Securities and Futures Ordinance, and is chaired by
a judge or former judge of the High Court who sits
with two members.
Market misconduct includes insider dealing, false trading, price rigging,
stock market manipulation, disclosure of information about
prohibited transactions and disclosure of false or
misleading information inducing transactions in securities
and futures contracts. Such conduct is detrimental to the
interests of investors and damages the reputation of Hong
Kong as an international financial centre. In accordance
with the Securities and Futures Ordinance (Cap. 571)
("SFO"), if it appears to the Securities and Futures
Commission (“SFC”) that market misconduct or a breach of a
disclosure requirement under Part XIVA of the SFO has or
may have taken place, the SFC may institute proceedings
before the Tribunal. The Tribunal conducts civil
proceedings and, where appropriate, imposes civil
sanctions against those it determines to be wrongdoers. It
helps promote market confidence by protecting the
interests of the investing public and reducing market
This home page contains readily
accessible information about the Tribunal and its work.
The full text of all the Tribunal's published reports are
available on this site.