[Fraud Prevention] Securities and Futures Commission's Wong Tin-yau: "Teaching someone to fish is better than giving them fish" Strengthen collaboration with the Investment Committee to establish a sustainable financial education ecosystem

Hong Kong Securities and Futures Commission Chairman Anthony Wong Tien-yu stated that in the face of global trends and rapid technological changes, the public’s demand for financial management and investment knowledge is increasing daily. The SFC and the Investor and Financial Education Council (IFE) will further strengthen comprehensive collaboration, bringing together cross-sector and multi-generational efforts, investing more resources to build a sustainable financial education ecosystem.

He believes that “teaching a man to fish is better than giving him a fish” is the core of financial education, enabling everyone to master their own financial wisdom. Different stakeholders have their roles in financial education, and cross-sector collaboration must be enhanced to extend the reach of financial education from the financial industry to broader communities and age groups.

He emphasized that investor education is closely related to market trust. The SFC and IFE bear the role of a “hub,” combining efforts from all parties to deeply embed the principles of financial management in people’s minds, while also strengthening the integrity foundation of the capital market and promoting the continued development of Hong Kong as an international financial center.

Investor education and enforcement work hand in hand to enhance awareness and prevent misconduct

Mr. Wong mentioned that education and enforcement complement each other, creating a virtuous cycle. The SFC has been working closely with community groups, universities, law enforcement agencies, regulatory peers, and international securities regulators to raise investor awareness and effectively prevent misconduct, further strengthening market confidence.

			▲ 【Fraud Prevention】SFC's Anthony Wong: "Teaching a man to fish is better than giving him a fish" — Strengthening collaboration with IFE to establish a sustainable financial education ecosystem