SFC scrutinizes leveraged foreign exchange trading activities

In 2018, the SFC surveyed licensed corporations on their leveraged foreign exchange trading ("LFET") activities. The survey noted a high percentage of loss-making clients which may indicate that LFET has certain risks and may not be suitable for all investors. 

This flyer looks at the SFC’s expected regulatory standards and good industry practices for LFET activities.  It also provides information on KPMG’s service offerings to help financial institutions achieve compliance by 1 January 2021.