Regulatory News (Jun 2020)
- SFC office relocation
- Annual update to the list of Financial Services Providers under the clearing obligation for OTC derivative transactions
- SFC publishes Annual Report 2019-20
- SFC bans former responsible officer of Guosen Securities (HK) Brokerage Company, Limited for 12 months
- SFC reprimands and fines Guotai Junan Securities (Hong Kong) Limited $25.2 million for breaches relating to anti-money laundering and other regulatory requirements
- SFC publicly criticises CICC Financial Trading Limited and China International Capital Corporation Limited for breaches of Takeovers Code
- SFC publicly censures Fu Kwan for breach of the Takeovers Code
- OTC derivatives licensing regime: SFC concludes consultation on regulatory scope and competence requirements
- SFC CEO reappointed Chair of IOSCO Board
- SFC proposes changes to the Code on Real Estate Investment Trusts
- SFC reprimands and fines Potomac Capital Limited $800,000 for breaching Financial Resources Rules
- Court convicts and fines former director and shareholder of Wonderful Wealth Group Limited for unlicensed activities