HK launched the Shenzhen connect today and the SFC signed an agreement for an MRF link with Switzerland, as the SAR aims for more than just being a distribution hub, according to Jeremy Lam, a Hong Kong-based partner and the head of Deacon’s financial services practice.
Tag: SFC – Securities and Futures Commission
Hong Kong ruling may curtail critical analysis
Hong Kong’s recent ruling on Moody’s Ratings for a research report will have a chilling effect on further critical research, argues activist David Webb.
Moody’s `red flag’ report appeal overruled
Hong Kong’s Securities and Futures Appeals Tribunal (SFAT) has affirmed the SFC’s findings on the Moody’s China “red flags” report.
Hong Kong’s regulator sets up link with fintech firms
The Securities and Futures Commission has established a fintech contact point and set up an advisory group as fintech momentum builds.
SFC swaps out an executive director
Hong Kong’s Securities and Futures Commission has appointed Julia Leung as executive director of its intermediaries division.
SFC shuts down suspected boiler rooms
Hong Kong’s regulator has frozen a total of HK$600,000 in the bank accounts of three suspected boiler rooms.
RM fined by Hong Kong’s SFC
A former relationship manager at ABN Amro Bank failed to follow proper account opening procedures, according to the regulator.
WhatsApp message leads to penalty for HK trader
A licensed dealer’s message “let’s talk here, email monitored” resulted in a three-month suspension by Hong Kong’s Securities and Futures Commission.
Hong Kong to hold financial advisers liable
Financial intermediaries in Hong Kong will be liable for client damages claims if it is found that they have sold or recommended a financial product that is not reasonably suitable.
HK joins in lightening of dark pools
Hong Kong’s ban on retail investors in dark pools will limit the anonymous trading platforms to institutional investors and portfolio managers, which is a good thing, according to Liquidnet.
