Entries by Tony Chan

Regulatory News (Sep 2022)

Thirteen people charged following SFC and Police joint operation against ramp-and-dump syndicate SFC welcomes appointment of Executive Directors SFAT affirms SFC decision to suspend hedge fund manager Christopher James Aarons Court dismisses challenge to SFC’s power of issuing restriction notices SFC-HKMA’s joint product survey shows increasing participation of intermediaries and investors Court sets pre-trial review […]

Regulatory News (Aug 2022)

SFC’s review shows increasing popularity of online investment services Takeovers Panel rules a special waiver from the general offer obligation may be granted to Broad Gongga for an involuntary disposal that leads to a change in concert group leader Retail investors convicted and fined for illegal short selling SFC issues restriction notice to a broker […]

Regulatory News (Jul 2022)

SFC bans Chan Ka Hey for 6 months SFC reprimands and fines KTF Capital Management Limited $400,000 for breaching Financial Resources Rules SFC reprimands and fines Rifa Futures Limited $9 million for regulatory breaches Appointments to Disciplinary Chair Committee Hong Kong’s asset and wealth management business remained resilient in 2021 SFC reprimands and fines RBC […]

Regulatory News (Jun 2022)

Launch of ETF Connect New synopsis: Keynote by Ashley Alder at IFRS Foundation Conference 2022 New speech by Julia Leung: Keynote speech at ASIFMA Compliance Asia Conference 2022 SFC reprimands and fines CES Capital International (Hong Kong) Co., Limited $3.2 million for failures in managing private funds Annual update to the list of Financial Services […]

Regulatory News (May 2022)

ETF Connect: Regulators announce implementation details New speech by Ashley Alder: Keynote speech at PRI China Conference: Investing for Net Zero and SDGs New speech by Ashley Alder: Keynote speech at ASIFMA China Capital Markets Conference SFC bans Ho Pak Hay for life Court orders Pyramid and Ponzi scheme fraudsters to compensate investors

Regulatory News (Apr 2022)

SFC proposes changes to the position limit regime Amendments to the REIT Code in relation to bookbuilding and placing activities SFC bans Poon Choi Yung for 20 months SFC publicly criticises Gao Yunhong and Feng Xuelian for breaches of the Takeovers Code Regulators conclude consultation on new calculation periods and consult on annual update to […]

Regulatory News (Mar 2022)

The Green and Sustainable Finance Cross-Agency Steering Group welcomes the publication of the International Sustainability Standards Board proposed standards for public consultation Appointments to SFC committees Cross-Agency Steering Group releases assessment of carbon market opportunities for Hong Kong and next steps SFC bans Kim Bum Suk for 27 months New speech by Christina Choi: Climate […]

Regulatory News (Feb 2022)

SFC issues quarterly report SFC concludes consultation on regulating trustees and custodians of public funds and further consults on implementation details Court orders insider dealers to pay $12.9 million to investors SFC reprimands and fines South China Commodities Limited $4.8 million for regulatory breaches