Entries by Tony Chan

Newsletter – March 2020

Content SFC bans Chan Tan Lo for 14 months SFC bans Mo Shau Wah for life Market Misconduct Tribunal finds Magic Holdings International Limited and its directors culpable of late disclosure of inside information 1.     SFC bans Chan Tan Lo for 14 months On 19 March 2020, SFC has banned Ms. Chan Tan Lo, […]

Regulatory News (Apr 2020)

Unlicensed fund manager sentenced to community service SFC signs MoU with Competition Commission SFC obtains disqualification orders against former directors of Long Success International (Holdings) Limited SFC cautions on crude oil futures and ETFs SFC regulatory response to COVID-19 SFC reprimands and fines BOCOM International Securities $19.6 million for internal control failures SFC scrutinises leveraged […]

Newsletter – February 2020

Content SFC bans Christopher Tse for 12 months SFC reprimands and fines BMI Securities Limited HK$3.7 million and suspends its responsible officer for breaches of anti-money laundering regulatory requirements SFC reprimands and fines Capital Global Management Limited HK$1.5 million Court dismisses challenge to SFC’s investigative powers   1.     SFC bans Christopher Tse for 12 […]

Regulatory News (Mar 2020)

Appointments to SFC committees SFC sanctions China Rise Securities Asset Management Company Limited’s former responsible officers Consultation on annual update to the list of Financial Services Providers under the OTC derivatives regulatory regime SFC issues guidance to fund industry amidst COVID-19 outbreak Market Misconduct Tribunal finds Magic Holdings International Limited and its directors culpable of […]

Newsletter – January 2020

Content SFC reprimands and fines FIL Investment Management (Hong Kong) Limited HK $3.5 million for regulatory breaches SFC publicly censures CLSA Limited, CITIC Securities Brokerage (HK) Limited, Beijing Enterprises Holdings Limited and their representatives for breaching the Code on Share Buy-backs SFC reprimands and fines RHB Securities Hong Kong Limited HK $6.4 million Court convicts unlicensed […]

Newsletter – December 2019

Content SFC waives licensing fees for 2020/21 SFC issues quarterly report SFC bans W. Falcon Asset Management (Asia) Limited’s former chairman for life and ex-CFO for three years SFC reprimands and fines Adamas Asset Management (HK) Limited $2.5 million   1.     SFC waives licensing fees for 2020/21 On 4 December 2019, the SFC has announced […]

Regulatory News (Feb 2020)

SFC welcomes Budget measures SFC issues quarterly report Court dismisses challenge to SFC’s investigative powers SFC reprimands and fines Capital Global Management Limited $1.5 million SFC reprimands and fines BMI Securities Limited $3.7 million and suspends its responsible officer for breaches of anti-money laundering regulatory requirements New speech by Tim Lui at The Hong Kong […]

Regulatory News (Jan 2020)

SFC suspends Shiu Yau Wah for five months SFC to commence proceedings for suspected market manipulation in the shares of China Ding Yi Feng and lifts trading suspension SFC issues restriction notice to a broker to freeze client accounts linked to suspected market manipulation SFC highlights importance of risk management Process Review Panel Report 2018-19 […]

Newsletter – November 2019

Content SFC issues restriction notice to Hong Kong Wan Kiu Investment Company Limited  Former staff of Hong Kong Television Network Limited convicted of insider dealing SFC bans Song Baojun for 12 months Former staff of Hong Kong Television Network Limited jailed for insider dealing SFC obtains court orders against former Chairman and directors of Minth […]