Regulatory News (Aug 2023)
- SFC and ICAC conduct joint operation against suspected market manipulation syndicate and Restriction Notices issued by the SFC to six brokers to freeze client accounts
- Regulators conclude consultation on revising OTC derivative Clearing Rules
- SFC concludes consultation on risk management guidelines for futures dealing activities
- SFC issues quarterly report
- SFC reprimands and fines China Industrial Securities International Brokerage Limited $3.5 million for internal control failures
- SFC fines Changjiang Corporate Finance (HK) Limited $20 million and suspends its licence for serious and extensive sponsor failures
- Securities fraud and illegal short selling case transferred to District Court
- Regulators reach consensus on introducing block trading under Stock Connect
- Market Misconduct Tribunal finds Mayer Holdings Limited and its former senior management for late disclosure of inside information
- SFC concludes consultation on amendments to enforcement-related provisions of the Securities and Futures Ordinance
- Warning: Virtual asset trading platforms engaging in improper practices
- Cross-Agency Steering Group announces priorities to further strengthen Hong Kong’s sustainable finance ecosystem
- Hong Kong’s asset and wealth management business fared on par with global markets in 2022
- Suspected core members of sophisticated syndicate charged in ramp-and-dump case