The Hong Kong market can be loosely divided into four sectors: banking, insurance, MPF system, and securities and futures. In the banking sector, the Hong Kong Monetary Authority (HKMA) is the regulator of banks. It also aims to keep the Hong Kong dollar stable through management of the Exchange Fund and monetary policy. In insurance, the Office of the Commissioner of Insurance oversees matter relating to the insurance industry. In MPF, the Mandatory Provident Fund Schemes Authority regulates and supervises the operations of provident fund schemes. In securities and futures, the Securities and Futures Commission (SFC) is the regulator of the securities and futures market.
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