HK watchdog imposes $348.25M fine on Citigroup Global Markets Asia Limited
The SFC has imposed a $348.25 million fine on Citigroup Global Markets Asia Limited for regulatory failures over client facilitation activities.
The SFC has imposed a $348.25 million fine on Citigroup Global Markets Asia Limited for regulatory failures over client facilitation activities.
Hong Kong’s SFC has reprimanded and fined Zhonghui International Futures Company Limited $5 million for regulatory breaches.
Hong Kong’s SFC has imposed a fine of $3.6 million on Mason Securities Limited (MSL), formerly known as GuocoCapital Limited (GCL).
Hong Kong’s SFC and Police conduct joint operation against listed company and senior executives in $450 million corporate fraud case.
Licensed corporations and registered institutions will submit to SEHK identity document information of clients placing securities orders.
The SFC warns that no entity in the Binance group is licensed or registered to conduct regulated activities in Hong Kong.
The agreement extends the work of the CSA Regulatory Sandbox Initiative and of the SFC Fintech Contact Point.
The Hong Kong SFC fines Deutsche Securities Asia Limited $2.45 million over incorrect prime brokerage client statements.
Hong Kong’s SFC has reprimanded and fined Ewarton Securities Limited $1.5 million for internal control failings.
Hong Kong’s SFC has thus far accepted only four license applications from virtual asset trading platforms.