Hong Kong SFC registers drop in license applications
During the nine months to end-December 2020, the SFC received 3,914 license applications, down 26.4% from the preceding year.
SFC
HK watchdog orders freeze of 54 trading accounts linked to social media ramp-and-dump scam
A total of 13 Hong Kong brokers will have to freeze client accounts linked to suspected social media ramp-and-dump scam.
Two HK brokers to freeze accounts linked to social media ramp-and-dump scam
SFC issues restriction notices to two brokers to freeze client accounts linked to suspected social media ramp-and-dump scam.
Insider dealing sends China Automation’s secretary to jail
Chow Chiu Chi, company secretary of China Automation, was sentenced to 45 days of imprisonment for insider dealing.
Hong Kong’s SFC unveils new electronic licensing services
Hong Kong’s SFC has unveiled new electronic licensing functions on its online platform for submitting information WINGS.
Hong Kong’s SFC launches consultation on investor identification
The proposed investor identification regime is expected to be implemented in Hong Kong in 2022 at the earliest.
Hong Kong’s SFC imposes $2.1M fine on Credit Suisse for breaches of e-trading requirements
Credit Suisse Securities (Hong Kong) Limited gets a $2.1 million fine for regulatory breaches related to failures in its electronic trading systems.
