The SFC suspended Ku Yuen-leung, an account executive at BOCOM International Securities, for manipulating stock prices.
Category: Regulation
China’s regulator continues fund house crackdown
The China Securities Regulatory Commission put 73 private fund firms under administrative supervision measures in the first half of this year after illegal or irregular activities were found.
China’s WM due for `cleansing’, says Noah WM
The ongoing regulatory crackdown on China’s wealth managers impacts on Noah, but Kenny Lam, group president of Noah Holdings, believes it is a positive in the long term.
China approves Shenzhen-Hong Kong Connect
China’s regulator has formally approved the Shenzhen-Hong Kong Stock Connect, which was expected to launch last year.
HK’s SFC names executive director
Hong Kong’s Securities and Futures Commission has appointed Christina Choi as executive director of investment products.
China may further tighten rules on WM business
China aims to strengthen regulations on the wealth management business of banks, according to local reports.
Singapore to act against four banks over 1MDB scandal
Singapore’s MAS plans to take action against four major banks, including a Swiss private bank, over their involvement with the scandal-ridden Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB).
China’s regulator probed 350 AMs
The Asset Management Association of China has completed 69 enforcement requests since last July, which involved 349 firms totaling 1585 products, including four mutual fund houses.
Mutual fund licence allows shift to retail focus
Pengyang Fund Management became China’s first mutual fund house set up by a group of domestic “private securities fund” managers, opening the door to retail market sales.
SFC bans ex-Wing Lung manager for life
Hong Kong’s Securities and Futures Commission banned
Liu King-yee, a former securities service manager, after she was convicted of fraud.
