The Shanghai Composite Index soared 53% in 2014, “making the Mainland market one of the best performing markets worldwide”, yet volatility has emerged as a key risk this year, according to Hong Kong’s regulatory body.
Tag: SFC – Securities and Futures Commission
HK regulators ban trader for life
The Securities and Futures Commission has put a lifetime ban on a derivatives trader who fled Hong Kong after being caught concealing risk and losses.
Hearing date set for Moodys Red Flag report
A September court date has been set to review Hong Kong’s disciplinary decision against the ratings agency for publishing a report that warned about risks at listed Chinese companies.
HK regulators in boiler room clampdown
Backed by court orders, the Securities and Futures Commission froze the online activity of three unlicensed securities trading firms alleged to be engaged in fraudulent schemes.
Hong Kong regulators suspend ICBCI broker
Hong Kong’s Securities and Futures Commission has suspended the licence of a former ICBC International Securities representative for failures in his work on a 2009 IPO.
Hong Kong fines UBS securities advisor
Hong Kong’s regulator has fined a client adviser at UBS HK$400,000 ($51,600) for failing to properly handle a client’s trade orders.
Hong Kong and China regulators sign
In final preparation for the stock connect programme, Carlson Tong, Hong Kong’s top regulator, has signed an agreement with his counterpart in China for cross-border information sharing and joint investigation of suspected misconduct.
Salisbury Securities directors given life bans
Two former directors of Salisbury Securities have been given a life ban from the industry after they used client investments for personal and business expenses.
Hong Kong fines asset manager
An investment portfolio manager in Hong Kong has been convicted of providing asset management services without first obtaining a licence from the Securities and Futures Commission (SFC).
HKG SFC reappoints CEO
The Hong Kong Securities and Futures Commission has re-appointed Ashley Alder as its chief executive officer for another three-year term, the regulator said.
