Appeals Tribunal upholds SFC decision to fine I-Access
The Hong Kong SFC has reprimanded and fined I-Access Investors Limited $600,000 for breach of the Code of Conduct.
The Hong Kong SFC has reprimanded and fined I-Access Investors Limited $600,000 for breach of the Code of Conduct.
SFC has reprimanded and fined City International Futures (Hong Kong) Limited (CIFHKL), now known as VERCAP Financial Services Limited.
Hong Kong’s SFC bans Citigroup Global Markets Asia Limited’s former responsible officer Philip John Shaw for 10 years.
The SFC has banned Chan Wai Chun, a former customer relationship manager of Dah Sing Bank Limited (DSB), from re-entering the industry.
The SFC has reprimanded and fined Jinrui Futures (Hong Kong) Limited $4.8 million for failures in complying with AML/CFT regulations.
Hong Kong’s SFC has reprimanded and fined Guosen Securities (HK) Brokerage Company, Limited $2.8 million.
The SFC announces that the investor identification regime for the securities market in Hong Kong will be launched on 20 March 2023.
SFC will require futures brokers to set prudent client risk limits and comply with additional requirements relating to commodity futures.
The Hong Kong SFC has decided to proceed with some of the proposals to better align the position limit regime with its regulatory policies.
A joint operation by the Hong Kong Securities and Futures Commission (SFC) and the ICAC has resulted in the arrest of eight people.