Satisfied with the stock connect and MRF initiatives, the SFC now wants to bring in more complex China products, according the Hong Kong regulator’s annual report.
Tag: Securities and Futures Commission
HK’s SFC signs pact with US counterpart
Hong Kong’s Securities and Futures Commission has signed an agreement with the Financial Industry Regulatory Authority (FINRA) in the US for cross-border oversight.
SFC bans ex-HSBC portfolio manager
The Securities and Futures Commission has penalised Yeung Chun Him for breaching the code of conduct and the personal data ordinance.
HSBC PB appeals record SFC fine
In a misconduct case more than a decade old, HSBC Private Bank has launched an appeal against a record HK$605m regulatory fine ($78m) and the possible revocation of its license to advise on securities.
Moody’s appeals HK ruling
The ratings agency has appealed the decision to fine and reprimand it for a critical analysis of Chinese companies.
SFC to permit some high risk ETFs
Hong Kong’s regulator has announced plans to allow a limited range of leveraged and inverse products, which are effectively higher risk exchange traded funds, to be sold to the public.
SFC bans former RM for eight months
A former relationship manager at the Bank of East Asia failed to disclose a past criminal conviction, the regulator said.
Investors to recoup $25m from Hong Kong hedge fund collapse
The Securities and Futures Commission has recovered HK$191m ($24.6m) of assets from the Cayman-domiciled Athena Fund, which was a product from asset manager Descartes Athena Fund SPC. “The SFC alleges the Athena Fund was an outright fraud,” said Mark Steward, the SFC’s executive director of enforcement. “Our action to have the assets frozen prevented them […]
Hong Kong regulators halt securities firm
The Securities and Futures Commission has frozen the activities of Goodcape Securities Ltd for being insufficiently capitalised.
HK bans Chong Hing Securities former staff
A former employee of Chong Hing Securities has been jailed and banned for life from re-entering the industry for defrauding his clients and misappropriating client money.
