HK watchdog reprimands and fines EFG Bank $10.85M for regulatory breaches
The Securities and Futures Commission (SFC) has reprimanded and fined EFG Bank AG $10.85 million for failures relating to product due diligence.
EFG Bank
HK regulator imposes $16M fine on EFG Bank
The Monetary Authority has imposed a pecuniary penalty of HK$16,000,000 against EFGHK for contraventions of the AMLO.
