Regulatory News (Sep 2020)
- SFAT affirms SFC decision to ban Lai Voon Wai for five years for IPO sponsor failures
- SFC reprimands and fines China Everbright Securities (HK) Limited $2.5 million
- SFC signs new MoU with the Insurance Authority
- SFC warns of investment scams on social media
- SFC suspends Mung Wai Sun for nine months
- SFC launches consultation on anti-money laundering guidelines
- SFC reprimands and fines The Bank of East Asia, Limited $4.2 million for regulatory breaches
- SFC bans Fabian Shin Yick for 20 months over IPO sponsor failures
- SFC commences disciplinary proceedings against Ngai Lai Ha for alleged breach of Takeovers Code
- Retail investor convicted of false trading
- SFC statement on Police investigation concerning Next Digital shares
- Changes to the open-ended fund companies regime take effect
- SFC commences proceedings against Tianhe Chemicals Group Limited and its executive director for defective prospectus and to seek compensation orders for investors
- Former licensee convicted of providing false or misleading information to SFC
- SFC issues restriction notice to freeze broker’s client accounts linked to suspected market manipulation
- SFC concludes consultation on changes to the open-ended fund companies regime and further consults on customer due diligence requirements