Hong Kong’s regulator has slapped a six-year ban on Ko Shu Chuan for using a fake academic degree to get employed.
Category: Regulation
SFC bans Nomura trader for 30 months
The Hong Kong Securities and Futures Commission has banned Masashi Yonezawa, a former trader at Nomura Hong Kong, for “deliberate and dishonest” conduct.
HK’s SFC bans Ping An trader
Hong Kong’s securities regulator slapped an eight-year ban on a former licensed representative of Ping An Securities and in a separate action set a date for a hearing involving HSBC Private Bank.
Update: Cayman court’s first valuation verdict on minority side
East Capital, a Sweden-based asset manager, specialising in emerging and frontier markets, said it won a landmark case in the Cayman Islands defending the rights of minority shareholders.
BlackRock gets new QFII quota
The additional QFII quota takes the total amount allocated to all BlackRock entities to $1.25bn.
PBOC: China to open FX market to foreigners
Yi Gang, deputy head of China’s central bank, said that qualified foreign institutions will be allowed to enter China’s FX market in order to bridge the gap between the yuan’s onshore and offshore rate.
Financial website test case for HK media openness
Can the Hong Kong government order deletions of public information from media archives? A financial industry news site is the test case.
SFC fines Nomura for regulatory breach
Nomura International in Hong Kong has been fined after it failed to disclose that a trader had caused a $3.3m trading loss by making false entries in its risk management systems.
Thailand opens to higher yielding products
Thailand’s Securities and Exchange Commission said that it intends to permit the launch of offshore hedge funds and junk bond funds later this year.
SFC bans BJB employee for fake diploma
The former Bank Julius Baer account manager misrepresented her qualifications with a fabricated master’s degree, according to the Hong Kong’s Securities and Futures Commission.
