Tag : securities and futures commission

The SFC has fined China Securities Holdings HK$1.3 million, citing employing unlicensed dealing staff, limited supervision and insufficient record keeping.

If high-net-worth individuals end up being classed as retail investors in Hong Kong, the likes of hedge funds and private banks may face further compliance headaches.

The SFC fines A One Investment Company HK$1.2 million, citing internal control failures. The regulator is also seeking to wind up a HK-listed firm under section 212 for the first time.

Regulators in the three markets are putting faith in agreements for mutual recognition of funds – and their efforts may be coming to fruition. And Korean firms are taking note.

Funds under management in Hong Kong reached record levels as of the end of 2012, according to the securities regulator's annual survey.

The bank agrees to buy back equity-linked notes issued to retail investors between July 2007 and May 2008.

Hong Kong's securities regulator started tribunal proceedings against Tiger Asia for alleged insider trading that took place in 2008 and 2009.

The city's Securities and Futures Commission prohibits Mok Kin Hung from re-entering the industry after his conviction for stealing from a client by forging his signature.

Michelle Ng Man Chow is forbidden from re-entering the industry by the city's Securities and Futures Commission after misappropriating client assets and attempting to conceal it.

A Securities and Futures Commission investigation found the Swiss bank failed to put internal controls in place to ensure all contracts were in compliance with position limits.

The change of leadership at China's securities regulator will not slow the progress of the cross-border fund mutual-recognition scheme, says Hong Kong's Securities and Futures Commission.

Hong Kong's securities regulator has banned the former bank employee following his conviction for theft and fraud related to client accounts.