The Hong Kong securities regulator has published its licensing requirements for the territory’s virtual asset fund managers.
Tag: SFC – Securities and Futures Commission
SFC seeks control over fund depositaries
Hong Kong’s financial regulator proposes licensing trustees and custodians of SFC-authorised collective investment schemes (CIS).
SFC bans ex-Hang Seng RM
A former Hang Seng Bank relationship manager who carried out unauthorised transactions is slapped with a two-year ban.
HSBC PB fined for compliance failures
HSBC Private Bank has been reprimanded and fined for failing to record around 6000 client order phone calls in two separate incidents over a 10-month period.
SFC removes spate of asset management licences
In August, the Hong Kong regulator removed nine licences and year-to-date, a total of 23 Type 9 licence holders have de-registered. But what are the reasons behind it?
SFC warns about illiquid investments
Hong Kong’s Securities and Futures Commission (SFC) finds deficiencies and inadequacies in fund managers’ liquidity risk management practices.
Banks handed tighter regs on fund due diligence
SFC’s recently introduced “complex product” regulations have extended retail investor due diligence requirements to professional investors.
SFC bans former UBS director for life
As a manager of investment portfolios for clients in Hong Kong, he was convicted of accepting illegal commission payments.
Market turmoil hits Hong Kong AUM
Despite net inflows, assets under management in Hong Kong declined 5% year-on-year in 2018, according to a Securities and Futures Commission (SFC) survey.
Ex-Goldman exec banned for life in HK
For involvement in the 1MDB scandal, Tim Leissner also has a lifetime prohibition on entering Singapore’s financial industry.
