Archive for category: Regulatory News

• District Court sets next hearing date for three sophisticated ramp-and-dump cases
• SFC commences MMT proceedings against Ding Yi Feng’s former chairman and others over suspected manipulation of Smartac International Holdings Limited shares
• Ramp-and-dump case against surrendered fugitive transferred to District Court
• SFC bans Jonathan Dominic Iu Wai Ching for 15 years
• SFC hosts forum to encourage responsible Regtech adoption for anti-money laundering and counter-financing of terrorism
• New speech by Julia Leung: Opening remarks at SFC AML/CFT Regtech Forum 2024
• SFC unveils first batch of brokers joining Wealth Management Connect Pilot Scheme

• New public fund depositaries regime comes live on 2 October 2024
• SFC reprimands and fines Profitech Securities Limited $3.99 million for regulatory breaches
• SFC seeks share repurchase order for independent minority shareholders of LET Group Holdings Limited and Summit Ascent Holdings Limited
• SFC and HKMA conclude on further proposals to enhance Hong Kong’s OTC derivatives reporting regime
• Hong Kong’s securities industry extends earnings growth into first half of 2024
• SFC suspends Wilson Cheung Kin for nine months over sponsor failures
• SFC bans Dennis Cheng Chung Sing for six months
• SFC-HKMA joint survey shows strong rebound in sales of investment products in 2023
• New speech by Julia Leung: Speech at The Hong Kong Chartered Governance Institute’s 14th Biennial Corporate Governance Conference
• SFC secures first-of-its-kind settlement to compensate public shareholders of Combest Holdings Limited
• Court sets trial date of four defendants for securities fraud via illegal short selling
• SFC announces arrangements to facilitate distribution of research reports of eligible ETFs under Stock Connect
• SFC issues restriction notice to Kingston Securities Limited to freeze account of client involved in suspected corporate misconduct
• SFC commences legal proceedings against SoftMedx Healthcare Limited, its former directors and de facto directors
• New speech by Christopher Wilson: Keynote speech at GIR Live: Asia-Pacific Investigations Summit 2024
• SFC bans Charles Lam Chung Yiu for life
• SFC issues new guides for visiting and returning professionals to highlight pragmatic licensing options

• Former banker ordered to disgorge $3 million illegal gains from insider dealing
• SFC warns public of Proxinex for suspected virtual asset-related fraud
• SFC and IA joined forces to tackle cross-sector irregularities
• SFC welcomes appointment and re-appointment of Non-Executive Directors
• SFC warns public against unlicensed virtual asset trading platform CoinUnited.io
• Three jailed between 52 and 80 months in landmark market manipulation case
• SFC sets clear timeline for implementing an uncertificated securities market in Hong Kong
• SFC and CSRC hold high-level enforcement cooperation meeting
• Enduring strength of Hong Kong as leading international asset and wealth management hub: SFC survey 2023
• First District Court hearings for 18 defendants in three social media ramp-and-dump cases
• New speech by Julia Leung: Keynote address at Bond Connect Anniversary Summit 2024
• SFC and HKMA welcome PBoC’s new measure on Northbound Swap Connect margin collateral arrangement
• SFC to launch new online application and submission system for investment products
• SFC warns public of seven entities for suspected virtual asset-related fraud
• Court convicts and fines Tse Tsun Wai for unlicensed activity
• Hedge fund manager ordered to disgorge $5.6 million illicit profit from false trading and disqualified for four years
• First District Court hearing on insider dealing case against Segantii Capital Management and its chief investment officer

• Top executives of SFC and DFSA meet in Dubai to extend market ties
• Market manipulators convicted in landmark High Court jury trial
• SFC top executives visit Saudi Arabia and UAE to foster financial services collaboration
• SFC statement on the end of non-contravention period for virtual asset trading platforms
• SFC suspends Wong Ka Ching for four years
• SFC bans Cheung Wing Hung for 18 months
• SFC and Abu Dhabi’s FSRA hold high-level meeting in Athens
• Pre-trial review fixed for false trading in shares of China All Access (Holdings) Limited
• Two former brokers jailed for three months each for false trading
• SFC welcomes industry-led public consultation on voluntary code of conduct for ESG ratings and data products providers
• SFC facilitates broadening of master-feeder ETFs offerings in Hong Kong
• SFC warns public of suspicious investment plan relating to Big Boss Night Club
• SFC warns public of suspicious virtual asset-related product “LENA Network”
• Joint press release of the PBoC, the SFC and the HKMA on Swap Connect enhancements to advance high-quality opening-up of China’s financial markets
• SFC warns public of Quantum AI for suspected virtual asset-related fraud
• SFC obtains interlocutory asset freezing order against Leung Anita Fung Yee Maria
• SFC commences insider dealing prosecution against Segantii Capital Management and its chief investment officer

 

• Appointments to SFC committees
• SFC consults on proposals to enhance REIT regime and SFO market conduct regime for listed CIS
• Cross-Agency Steering Group and International Sustainability Standards Board members met in Hong Kong
• SFC commences MMT proceedings against Ding Yi Feng former chairman over suspected market manipulation
• SFC warns public of EDY for suspected virtual asset-related fraud
• SFC warns public of HKCEXP for suspected virtual asset-related fraud
• SFC and HKMA further consult on enhancements to Hong Kong’s OTC derivatives reporting regime
• Retail trader jailed for securities fraud via illegal short selling
• New speech by Rico Leung: Keynote speech at China Bond Market Forum 2024
• SFC warns public of suspicious websites for impersonation and suspected virtual asset-related fraud
• New speech by Christopher Wilson: Keynote Address at the ALB Pan Asian Regulatory and Anti-Corruption Compliance Summit 2024
• SFC warns public against unlicensed virtual asset trading platform MEXC
• Pre-trial review fixed for unlicensed dealing prosecution
• SFC warns public against unlicensed virtual asset trading platform Bybit
• SFC and CSRC top management met in Beijing
• Hong Kong sees surge in investment fund net inflows: SFC Quarterly Report
• SFC CEO appointed chair of IOSCO Asia-Pacific regional committee
• Synopsis of speeches and discussions at SFC Regulatory Symposium
• SFC and HKEX collaborate in enforcement action against two former GEM-listed company directors for misconduct
• SFC warns public of BitForex for suspected virtual asset-related fraud
• SFC warns public of suspicious websites impersonating licensed virtual asset trading platforms
• Green Fintech Map launch showcases Hong Kong’s edge in sustainable finance
• SFC reminds public VATP application period has ended under transitional arrangements