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Hong Kong securities futures ordinanceproperty rightsproportionality

Chen Wencan & Anor v Secretary for Justice & Anor

[2025] HKCA 595
JurisdictionHong Kong
CourtHong Kong Court of Appeal
Year2025
StatusBinding authority

Key Principle

The SFC's restriction notice regime under sections 204 and 205 of the Securities and Futures Ordinance, which permits freezing of assets in trading accounts at licensed corporations on public interest grounds, is constitutionally valid as it is 'prescribed by law', pursues legitimate aims, and strikes a proportionate balance between public interest and individual property rights.

Area of Law

securities

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