billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: This is a market that has a natural attraction for global investors but those investors want confidence as to the standards that apply;

assistant: 這個市場固然對環球投資者深具吸引力，但這些投資者同時希望對市場所採納的標準具備信心；
user: Please translate the following sentence from English to Chinese: The Listing Rules have detailed requirements to ensure that interests of minority shareholders are safeguarded when a listed company enters into transactions with a major controlling shareholder, that is with a director or a controlling shareholder, directly or via other close family member or via a company that they control.

assistant: 《上市規則》訂有詳細的規定，確保當上市公司直接或透過其他關係密切的家族成員或該上市公司控制的公司與主要控權股東(即董事或控權股東)訂立交易時，少數股東的權益會得到保障。
user: Please translate the following sentence from English to Chinese: Most of all, we hope to see a tone from the top that consistently and as a matter of course places client interests and the integrity of the market at the forefront of business decisions.

assistant: 最重要的是，我們期望高層人員由上而下建立良好公司文化，即每當在作出業務決策時，都自覺地及必然地將客戶權益及維持市場廉潔穩健列爲首要考慮因素。
user: Please translate the following sentence from English to Chinese: For firms already licensed or registered in the US or the UK as investment managers or advisers, they can benefit from a streamlined licensing process in Hong Kong if they have good compliance records and they serve only professional investors.

assistant: 任何商號如已在美國或英國獲發牌或註冊爲投資經理或顧問，且具備良好的合規紀錄及只向專業投資者提供服務，將可受惠於香港所實施的簡化發牌程序。
user: Please translate the following sentence from English to Chinese: I would like to mention that the SFC’s 2005-06 Annual Report included for the first time a section on social responsibility, as we believe that our work should have a positive social impact.

assistant: 我想在此一提的是，證監會《2005-06 年報》首次加入了有關社會責任的章節，原因是我們相信，證監會的工作應對社會發揮正面的影響。
user: Please translate the following sentence from English to Chinese: These principles have served Hong Kong well, keeping the fund management industry growing and intact in the last 20 years despite several market crises.

assistant: 以上的原則一直在香港行之有效，支持香港的基金管理業在過去二十年安然渡過多次市場危機的考驗，依然穩健運作，繼續不斷增長。
user: Please translate the following sentence from English to Chinese: This can only add to the depth and breadth of our REIT market.

assistant: 這隻會增加我們的房地產基金巿場的深度及寬度。
user: Please translate the following sentence from English to Chinese: In the Mainland’s grander scheme of opening its capital market and growing it into a deep and matured market, therefore, Hong Kong should seek to play a wider and more proactive role, and not just that of a recipient of Mainland funds.

assistant: 內地的宏遠藍圖是開放資本市場及將其發展成具深度的成熟市場，因此，香港應在這方面肩負一個更全面及積極的角色，而非僅是吸納內地資金。
user: Please translate the following sentence from English to Chinese: In 2005, the average volatility of the Hang Seng Index was maintained at the level of 11%.

assistant: 在 2005 年，恒生指數的平均波幅維持在 11%的水平。
user: Please translate the following sentence from English to Chinese: To realise its full strategic potential as a developed market within China, Hong Kong must continue to build linkages and integrate further with the Mainland market.

assistant: 香港必須與內地市場繼續建立聯系及進一步融合，才能充分發揮我們作爲中國境內的已發展市場的策略性潛力。
user: Please translate the following sentence from English to Chinese: As you might be aware, following the SFC’s approval, the Exchange issued new rules to expand Hong Kong’s listing regime earlier this year.

assistant: 或許你們都知道，聯交所在獲得證監會的批准後，於今年較早時刊發了新規則以拓寬香港的上市制度。
user: Please translate the following sentence from English to Chinese: 5. When a crisis erupts, such as what is happening in the US and Europe at the moment, the mood changes dramatically.

assistant: 5. 但當爆發類似目前歐美的危機時，市場的情緒便會出現戲劇性轉變。
user: Please translate the following sentence from English to Chinese: Let me be clear about the requirement of suitability.

assistant: 讓我清楚說明提供合適建議的責任。
user: Please translate the following sentence from English to Chinese: Another recent review focused on algorithmic trading.

assistant: 近期另一項檢視以程式買賣爲焦點。
user: Please translate the following sentence from English to Chinese: More than a decade ago in 1997, the Asian Crisis demonstrated how harsh financial markets can be in punishing economies with unsustainable economic and financial policies.

assistant: 超過十年前，1997 年的亞洲金融危機使我們知道，經濟體系如缺乏可持續的經濟及金融政策，將要在金融市場上遭到非常嚴峻的考驗。
user: Please translate the following sentence from English to Chinese: We must therefore set high regulatory standards for the market and encourage the use of best practices.

assistant: 因此，我們必須爲市場訂立 嚴格的監管標準，並鼓勵業界採取最佳的作業方式。
user: Please translate the following sentence from English to Chinese: Many investors, be they experienced or first-time players, might have found it easy to make quick profits in a bullish market which also had many IPOs last year.

assistant: 由於去年股市交投暢旺，加上新股湧現，很多投資者，不論是投資老手還是初哥，都可能會認爲從股市中賺取快錢是一件輕而易舉的事。
user: Please translate the following sentence from English to Chinese: How, then, is the SFC’s effectiveness in reinforcing compliance with international standards and corporate governance to be measured?

assistant: 那麼，證監會在加強遵循國際標準及企業管治方面的成效是如何計量的呢？
user: Please translate the following sentence from English to Chinese: theme inspections are held on selected samples of firms with similar activities (e.g. investment advisers);

assistant: 在主題視察中會選取一些業務類似的商號(例如投資顧問)，進行視察；
user: Please translate the following sentence from English to Chinese: I would be interested to know if companies still feel constrained by the rules from releasing information about performance.

assistant: 我也有興趣知道，上市公司是否仍然感到受有關挸則所約束，因而未能隨時發佈有關業績表現的信息。
user: Please translate the following sentence from English to Chinese: enforcement is a strategic priority of the SFC.

assistant: 執行法規是證監會的一項策略性重點工作。
user: Please translate the following sentence from English to Chinese: The Commission will continue to work together with other local enforcement counterparts in cases involving market misconduct, corporate fraud and other market crimes.

assistant: 證監會將會繼續與本地其他執法機構在涉及市場失當行爲、企業詐騙及其他市場罪行的個案中攜手合作。
user: Please translate the following sentence from English to Chinese: 9. Since the Asian financial crisis, we have gained a much better understanding of the problems facing the financial sector, and how to address them.

assistant: 9. 自發生亞洲金融危機後，我們更深入瞭解到金融界所面對的問題，以及我們應怎樣處理這些問題。
user: Please translate the following sentence from English to Chinese: One major takeaway from the crisis is that corporate governance goes a long way to help both public and private companies operate with greater transparency and accountability. It also helps create a level playing field for businesses and supports capital market development in the long run.

assistant: 我們從危機中得到的一大啓示，就是企業管治能協助公衆和私人公司以更具透明度及問責性的方式營運，並有助各行各業營造一個公平競爭的環境，支持資本市場的長遠發展。
user: Please translate the following sentence from English to Chinese: As an agreement executed by the Mainland/Hong Kong SAR governments in 2003, CEPA is aimed at creating better business environments for the Mainland and SAR and bringing more employment opportunities.

assistant: CEPA 協議是由內地政府和香港特區政府在 2003 年簽署的一項協議，目的是爲兩地創造更佳的營商環境，帶來更多的就業機會。
user: Please translate the following sentence from English to Chinese: Distributors must perform proper product due diligence and know-your-client procedures to ensure the suitability of the products they recommend to their clients.

assistant: 分銷商必須執行適當的產品盡職審查及認識你的客戶程序，確保他們所推介的產品適合客戶。
user: Please translate the following sentence from English to Chinese: In addition to its unique geographical position, Hong Kong has much to offer in terms of skills, experience and quality services.

assistant: 除了獨特的地理位置外，香港不論在技術、經驗和優質服務方面都有很多可取之處。
user: Please translate the following sentence from English to Chinese: It is indeed a pleasure to join you today to share with you my thoughts on the development and prospects of the Hong Kong asset management industry.

assistant: 今天實在很高興能夠參與這次午餐會，讓我與在座各位分享我對香港資產管理業的發展和前景的一些看法。
user: Please translate the following sentence from English to Chinese: The next step, therefore, is for us to experiment boldly on the back of this experience.

assistant: 因此，我們下一步便應在這些經驗的基礎上進行大膽的嘗試。
user: Please translate the following sentence from English to Chinese: With respect to due diligence, we expect sponsors to apply professional scepticism. For example, extra caution should be exercised where business revenue was derived from unusual arrangements such as third party payments made on behalf of customers.

assistant: 對於盡職審查，我們要求保薦人抱著專業的懷疑態度，例如對不尋常安排的第三方代客付款，所得的營業額，應特別謹慎。
user: Please translate the following sentence from English to Chinese: All along, the SFC has been working closely with the fund management industry in developing rules and regulations on a wide range of products and in enhancing and expanding the range and quality of services.

assistant: 一直以來，證監會都與基金管理業保持緊密合作，就廣泛類別的產品制訂規則和規例，以及合力提升服務質素和擴闊服務範圍。
user: Please translate the following sentence from English to Chinese: This proposal will have a significant impact on how broker-dealers in the US deliver the relevant services.

assistant: 此建議對於美國的經紀交易商日後如何提供相關服務，將有重要的影響。
user: Please translate the following sentence from English to Chinese: In on-going supervision, we work with intermediaries to reduce their potential risks.

assistant: 在持續監管的過程中，我們與中介人共同致力降低他們可能潛在的風險。
user: Please translate the following sentence from English to Chinese: We see each of these roles as equally important.

assistant: 對我們來說，每個這些職責都同等重要。
user: Please translate the following sentence from English to Chinese: We are also aware that in some cases, the boundaries may get blurred between the responsibilities of senior executives at the group level and those of the regional or Hong Kong teams.

assistant: 我們亦注意到，在某些情況下，哪些是屬於集團層面的高級行政人員的責任，哪些是屬於地區或香港團隊的責任，兩者之間的界線可能變得模糊。
user: Please translate the following sentence from English to Chinese: The implication is that the stock market in Hong Kong is very much affected by developments on the Mainland.

assistant: 因此，香港股票市場極易受內地的發展所影響。
user: Please translate the following sentence from English to Chinese: Twenty-five specific patterns of misconduct were identified and these can be classified into seven broad behavioural categories:

assistant: 有關研究識別出 25 項具體的失當行爲模式，並區分成七個廣泛的行爲類別：
user: Please translate the following sentence from English to Chinese: Further complicating matters, many of these fundraisings are dubious, if not downright frauds.

assistant: 使情況變得更復雜的是，許多這類集資活動，即使並非徹頭徹尾的欺詐，都令人半信半疑。
user: Please translate the following sentence from English to Chinese: We would make the necessary modifications where rules, processes or regulations create structural barriers to efficiency and competition or where they are obsolete or create unintended consequences because of changes in the operating environment.

assistant: 若任何規則、程序或規例對效率及競爭力造成結構性障礙，或隨著經營環境轉變而變得不合時宜或產生非預期的效果，我們會作出必要的修訂。
user: Please translate the following sentence from English to Chinese: These are the low probability, extreme events that would bring the greatest stress to financial systems.

assistant: 這些是不大可能發生但卻會對金融體系造成極大壓力的極端事件。
user: Please translate the following sentence from English to Chinese: The changes in the financial landscape present three potential sources of vulnerability.

assistant: 金融環境的轉變展現了三個潛在的脆弱環節。
user: Please translate the following sentence from English to Chinese: It is intended that through such proposals, we can bring the regulatory regime over the public offering of securities in line with international standards.

assistant: 我們希望通過這些建議，能令監管公開發售證券的監管制度與國際標準看齊。
user: Please translate the following sentence from English to Chinese: Shorting index futures to hedge your cash portfolio is fine if you are the only one using this strategy – the problem was, everyone was using portfolio insurance and therefore trying to sell at the same time. Liquidity literally dried up.

assistant: 如果你是唯一使用這個策略的人，沽售指數期貨來爲現貨投資組合進行對沖是很好的辦法――問題是，人人都採用投資組合保險，因此在同一時間試圖拋售，流動資金實際上被吸乾。
user: Please translate the following sentence from English to Chinese: 18. Both regulatory bodies were set up in response to the specific market conditions at the time.

assistant: 18. 兩個監管機構都可以說是因應當時特別的巿場環境而產生的。
user: Please translate the following sentence from English to Chinese: The need for positioning

assistant: 定位的需要
user: Please translate the following sentence from English to Chinese: To deter substandard or non-compliant submissions, some jurisdictions have built punitive measures in their authorisation application processes, such as imposing a moratorium on processing submissions from an applicant, or relegating its applications to the back of the queue.

assistant: 爲防止申請人遞交質素差劣或不合規的申請文件，一些司法管轄區已在認可申請過程中加入懲罰性措施，例如就處理申請人所遞交的申請文件施加禁止處理申請期，或將有關申請排到最後才處理。
user: Please translate the following sentence from English to Chinese: Following this logic, once the FDI measures are in place that permit RMB raised or borrowed in Hong Kong to flow into the Mainland for direct investment, Hong Kong could attract significant volumes of RMB bond issuances.

assistant: 因此，FDI 措施一經落實，在香港籌集或借取的人民幣資金獲准進入內地作直接投資，將會吸引大量人民幣債券來港發行。
user: Please translate the following sentence from English to Chinese: The firm should have strong systems and controls, which will prevent, detect and control problems.

assistant: 公司應實施強而有力的制度和監控措施以防止、偵察及監控問題。
user: Please translate the following sentence from English to Chinese: there should be initial and on-going capital and prudential requirements for intermediaries and these must reflect the risks they undertake;

assistant: 應對中介人制訂初始與持續資本及審慎規定，而這些規定必須反映 中介人所承擔的風險；
user: Please translate the following sentence from English to Chinese: It was early 2009 when I had this conversation with them.

assistant: 2009 年年初，我與內地監管機構談及此事。
user: Please translate the following sentence from English to Chinese: You will recall that there were some queries in the market why it took us so little time to authorize 19 RQFII funds.

assistant: 各位可能還記得，當時市場上有一些質疑，爲甚麼我們可以在這麼短的時間內認可 19 只 RQFII 基金。
user: Please translate the following sentence from English to Chinese: Hong Kong also adopts the international accounting standards to facilitate cross-border business and to maintain its accounting standards on a par with other overseas jurisdictions.

assistant: 香港亦採納國際會計準則，利便跨境業務，並確保本地會計準則與其他海外司法區看齊。
user: Please translate the following sentence from English to Chinese: The seminar was well attended by a 60 people strong delegation led by CSRC.

assistant: 當天，中國證監會有率領一個 60 人的代表團出席。
user: Please translate the following sentence from English to Chinese: New technologies have already had a major impact on the asset management industry. One obvious area is that the distribution model for investment funds is increasingly moving from face-to-face to online platforms.

assistant: 新科技已爲資產管理業帶來了重大影響，這從有愈來愈多投資基金的分銷模式正從面對面接洽轉移至網上平臺中可見一斑。
user: Please translate the following sentence from English to Chinese: Forecast for 2007/08 Revenue

assistant: 2007/08 年度預測收入
user: Please translate the following sentence from English to Chinese: I plan to build on the excellent relationship that the Commission has developed over the years with the China Securities Regulatory Commission, and address with the CSRC issues of mutual interest.

assistant: 證監會與中國證券監督管理委員會多年來已建立起極佳的關係，而我亦計劃進一步拓展這種關係，並與中國證監會合作處理共同關注的事項。
user: Please translate the following sentence from English to Chinese: Also, they did not want to hear talk of having more regulation.

assistant: 而且，他們也不願意有關當局在此時收緊監管政策。
user: Please translate the following sentence from English to Chinese: The SFO consolidates, modernises and replaced 10 previous legislations, bringing Hong Kong in line with international standards.

assistant: 《證券及期貨條例》綜合、更新及取代了 10 條舊有法例，使香港法例與國際標準看齊。
user: Please translate the following sentence from English to Chinese: President Xi Jinping and Premier Li Keqiang have repeatedly championed this idea in public and the Mainland government is putting money where its mouth is.

assistant: 習近平主席及李克強總理曾多次在公開場合支持這個概念，而內地政府亦已投放資金響應。
user: Please translate the following sentence from English to Chinese: As at the end of March 2006, there were 1,290 SFC-licensed corporations, with SEHK participants and HKFE participants accounting for one-third and close to 10% respectively.

assistant: 截至 2006 年 3 月底，香港證監會的持牌法團共有 1,290 家，其中聯交所參與者佔三分之一、期交所參與者亦佔近一成。
user: Please translate the following sentence from English to Chinese: Any regulation that restricts the freedom of the market to conduct its business is viewed as anti-competitive.

assistant: 任何限制市場自由經營其業務的規例，都會被視爲削弱市場競爭力的舉措。
user: Please translate the following sentence from English to Chinese: A recent case in point involved manipulation of the share price of Shanghai Land Holdings Limited and other offences.

assistant: 近期一宗可引以爲例的個案涉及對上海地產控股有限公司股價的操縱及其他罪行。
user: Please translate the following sentence from English to Chinese: Heightening awareness of current regulatory obligations These new measures are built upon existing regulations.

assistant: 提高對現有監管責任的意識這些新措施是根據現行規例而制訂的。
user: Please translate the following sentence from English to Chinese: “Real-time” regulation is our main theme in tackling corporate misconduct.

assistant: “即時”監管是我們打擊企業失當行爲而採取的主要方針。
user: Please translate the following sentence from English to Chinese: The universe of issuers includes not only Mainland Chinese banks but also Hong Kong banks and corporations and foreign corporations.

assistant: 發債機構中，不僅有內地銀行，還包括香港的銀行及企業和外資公司。
user: Please translate the following sentence from English to Chinese: Cross listing of Taiwan and Hong Kong ETFs We are working on an MOU with Taiwan that will provide the necessary regulatory basis for cross-listings of ETFs in Taiwan and Hong Kong.

assistant: 交易所買賣基金在臺灣及香港相互跨境上市我們正就雙方簽訂諒解備忘錄與臺灣攜手合作，從而爲臺灣及香港的交易所買賣基金可相互跨境上市提供必要的監管依據。
user: Please translate the following sentence from English to Chinese: Hedge fund transparency The hedge fund industry has a strong track record of responding to changing market conditions, including regulatory demands.

assistant: 對沖基金透明度對沖基金業素來在回應變化中的市況，包括監管要求方面，都有良好的紀錄。
user: Please translate the following sentence from English to Chinese: To date, we have 14 retail funds with significant exposure to the China A share market.

assistant: 目前，我們已有 14 項顯著地投資於中國 A 股的零售基金。
user: Please translate the following sentence from English to Chinese: They can sit back and relax and watch the value of the investment grow – that’s the easy bit if you pick the right company.

assistant: 他們可以坐享其成，看著投資不斷增值—只要選中優質的公司，往後便安枕無憂了。
user: Please translate the following sentence from English to Chinese: In cases in which the client makes regular contributions to the investment or gears up the investment, the investment adviser should assess whether the client has the capacity to fund the regular contributions or meet margin calls by giving cash or additional collateral.

assistant: 若客戶以定期供款形式進行投資，或以借貸方式加大投資金額，投資顧問便應評估有關客戶是否有能力提供現金或額外抵押品，以支付定期供款或繳付所追收的保證金。
user: Please translate the following sentence from English to Chinese: We believe that, to maintain Hong Kong’s position as an international financial centre, our regulatory landscape must be on a par with international standards.

assistant: 我們相信，要維持香港的國際金融中心的地位，我們的規管環境必須符合國際標準，而其中一個主要範疇就是投資者保障。
user: Please translate the following sentence from English to Chinese: We will be asking all banks and firms to take steps to advance as quickly as possible their own internal investigations and reviews and to report progress and outcomes to us. This will avoid delays and help us resolve the difficult issues and challenges we are all facing at the moment.

assistant: 我們將會要求所有銀行和商號加快進行內部調查和檢討，並向本會報告進展和結果，這可避免出現任何延誤，而且有助我們克服當前的難題和挑戰。
user: Please translate the following sentence from English to Chinese: Policy issues and regulatory challenges of Mainland companies listing in Hong Kong

assistant: 因內地公司在香港上市而衍生的政策問題及監管挑戰
user: Please translate the following sentence from English to Chinese: This spin off of a Mainland operation and its debut on the Hong Kong IPO platform attracted keen interest from both international investors and local retail investors.

assistant: 它將內地業務分拆到香港上市，無論國際投資者或本地散戶的認購反應都十分熱烈。
user: Please translate the following sentence from English to Chinese: The level for the US and the UK is that market cap is about 140% of GDP.

assistant: 美國及英國股市的市值約相當於本地生產總值的 140%。
user: Please translate the following sentence from English to Chinese: In respect of the regulation of the REIT manager and its key personnel, the Commission plays an important gate-keeper role in assessing their acceptability.

assistant: 就房地產基金經理及其關鍵人員的監管而言，證監會擔當著評估其可接納性的重要把關者角色。
user: Please translate the following sentence from English to Chinese: The difficulty is, when these dreams are broken, investors will need to understand, painful as it is, that they made bad investment decisions, and learn from the mistake.

assistant: 但問題是，當美夢幻滅時，投資者便須痛定思痛，明白到自己曾作出錯誤的投資決定，並從錯誤中汲取教訓。
user: Please translate the following sentence from English to Chinese: 11. I would be happy to answer any questions that the Honourable Members may have.

assistant: 11. 我很樂意回答各位議員的任何提問。
user: Please translate the following sentence from English to Chinese: 13. The Hong Kong stock market experienced rapid growth in this period. The role of Hong Kong as the premier capital raising centre of Mainland companies has become increasingly prominent.

assistant: 13. 由於內地經濟的高速發展，使香港作爲內地首選集資中心的角色便愈趨明顯。
user: Please translate the following sentence from English to Chinese: Clearly information concerning trading performance will fall into the category of price sensitive information.

assistant: 明顯地，有關業績表現的資料屬於股價敏感資料的信息類別。
user: Please translate the following sentence from English to Chinese: 6. The Government intervened in the stock market to fend off international speculators in August 1998.

assistant: 6. 在那一期間，大家印象最深刻一定是政府在九八年八月入巿，把“國際炒家”成功擊退一役。
user: Please translate the following sentence from English to Chinese: Under CEPA III, we agree to allow qualified Mainland securities and futures companies to establish subsidiaries in Hong Kong to carry out regulated activities.

assistant: 到了 CEPA 第三階段，我們同意讓符合條件的內地證券及期貨公司在香港設立子公司，經營受規管活動。
user: Please translate the following sentence from English to Chinese: The issuer participation rate is the percentage of total value of transactions where an issuer takes part as either the buyer or the seller of the transaction.

assistant: 發行人參與率是指當發行人以交易買方或賣方身分參與交易時，其所涉金額佔交易總額的百分率。
user: Please translate the following sentence from English to Chinese: As a start, you will be able to sell your recognised funds in the Mainland.

assistant: 首先，你們將可以在內地銷售獲認可的基金。
user: Please translate the following sentence from English to Chinese: Consequently, lending standards were loose, documentation was poor or non-existent in some instances, borrowers were not given the full picture on what they were getting into, and there was also outright fraud such as mis-statement of income by borrowers, sometimes with the encouragement of the lender.

assistant: 因此，借貸標準十分寬鬆、文件有欠妥善或在某些情況下根本不存在、借款人並未獲提供關於其投資的風險，而且亦存在公然欺詐的情況，例如借款人就收入作出失實陳述，有時候甚至是在放款人的鼓勵下而這樣做。
user: Please translate the following sentence from English to Chinese: Hong Kong’s own ETF story The ETF market in Hong Kong has come a long way since the Tracker Fund of Hong Kong was authorized in late 1999.

assistant: ETF 在香港的發展歷程 香港的 ETF 市場自 1999 年底盈富基金獲認可後，取得長足的發展。
user: Please translate the following sentence from English to Chinese: As well, when Mainland funds come to Hong Kong on the mutual platform, this will immediately open our RMB investment products market further by providing much broader spectrum and depth.

assistant: 此外，當內地基金來港使用這個互認平臺，便可以立刻拓寬本地的人民幣投資產品市場的深度和廣度。
user: Please translate the following sentence from English to Chinese: For example, one new product we are currently processing is an inverse / short ETF.

assistant: 例如反向／淡倉交易所買賣基金，就是其中一隻新產品。
user: Please translate the following sentence from English to Chinese: And I would like to spend a little time on the thorny issue of extraterritorial jurisdiction – what do you do when you want to enforce across borders.

assistant: 然後，我想花一些時間討論有關境外司法管轄權的棘手問題—如果想跨境執法，可以怎樣做。
user: Please translate the following sentence from English to Chinese: However, over time there has been criticism that SOX and other post-Enron regulations have severely hampered the competitiveness of the U.S. capital markets.

assistant: 然而，一直以來都有批評指《薩班斯—奧克斯萊法》和安隆（Enron）事件發生後所實施的一些規例，嚴重窒礙了美國資本市場的競爭力。