The Hong Kong Monetary Authority has suspended Yip Wai Pang, a former relationship manager at Standard Chartered Bank for 18 months for forgery, according to a statement from the regulator.
Tag: enforcement
HK puts China’s AM applications on watch
“Responsible officers” listed on an increasing number of mainland asset management firm applications will get tougher scrutiny from the Hong Kong’s Securities and Futures Commission, according to Julia Leung, the SFC’s executive director for intermediaries.
HK fines Coutts HK$7m for AML breaches
The Hong Kong branch of Coutts has been fined by the Hong Kong Monetary Authority (HKMA) for failing in its anti-money laundering (AML) and counter terrorist financing (CTF) checks.
Philippines arrests three Brits over investment scam
Three British nationals allegedly involved in a boiler room scam were arrested in the Philippines on Monday.
SFC bans jailed ex-HSBC wealth manager for life
The Securities and Futures Commission has banned Li Lee from re-entering the industry for life for making false claims to her former employer, HSBC.
Ex-Citibank HK banker penalised for copy-and paste signature
A former Citibank senior personal banker in Hong Kong has been penalised for copy-pasting a client’s signature to deceive the bank into accepting the signature as genuine.
`Masterminds’ of Singapore’s massive stock fraud charged
In the largest market manipulation case in Singapore’s history, regulators have charged John Soh and Quah Su-Ling for orchestrating a stock trading fraud on the Singapore exchange.
