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
Regulatory News (Jul 2023)
- SFC welcomes licence and registration applications from depositaries of public funds
- Court convicted and fined Cheung Wing Hung for unlicensed activity
- SFC welcomes IOSCO endorsement of new sustainability disclosure standards
- SFC publishes review of SEHK’s performance in regulating listing matters
- New synopsis: Julia Leung’s keynote discussion at HKICPA’s CPA Congress
- SFC and AFRC join forces to combat misconduct by listed issuers
- SFC reprimands and fines Changjiang Asset Management (HK) Limited $3.4 million for regulatory breaches and internal control failures
- New speech by Tim Lui: Speech at Law Society of Hong Kong’s Forum
- SFC bans RaffAello Capital Limited’s former responsible officer for two years over IPO sponsor failures
- New speech by Julia Leung: Speech at HKSI Institute Regulatory Luncheon
- Court convicted and fined Ben Ngai Ping Kuen for unlicensed activity