Which of the following is a key role of the Hong Kong Securities and Futures Commission (SFC)?

The Hong Kong Securities and Futures Commission (SFC) plays a vital role in maintaining the integrity and efficiency of the securities and futures markets in Hong Kong. This regulatory body is responsible for enforcing securities legislation, protecting investors, and promoting fair and transparent trading practices. The SFC oversees market activities, ensuring compliance with the law and mitigating risks associated with trading and investment to foster a stable financial environment.

This regulatory oversight is crucial for maintaining investor confidence, ensuring that markets operate smoothly, and preventing malpractice that could disrupt the financial ecosystem. While other options mention roles that pertain to different areas of governance—such as tax systems, monetary policy, and international trade agreements—the primary focus of the SFC is squarely on the regulation and supervision of Hong Kong's securities and futures markets.