Regulatory News (Jun 2014)
- SFC annual report: upholding standards
- SFC proposes greater flexibility for dissemination of prices and net asset values by authorized funds
- Ernst & Young produces audit working papers in Hong Kong and appeals order over Mainland papers
- SFC commences proceedings against Greencool’s former chairman and seeks to freeze $1.59 billion of his assets to compensate investors
- SFC proposes to amend exemptions for disclosure obligations
- SFC bans Li Tak Wa for 15 months
- Hong Kong and Malaysia host joint seminar on Islamic funds
- Court maintains sentence of market manipulator
- Pacific Sun Advisors Limited and its director convicted of issuing advertisements without SFC authorization
- SFAT affirms SFC decision to suspend Jenny Chan Pik Ha
- SFC bans Christopher Ma Chun Leung for 10 years and Wong Man Chung for two years
- Broker acquitted of illegal short selling
- SFC reprimands and fines Delta Asia Securities Limited
Regulatory News (May 2014)
- Director of securities firm convicted of providing SFC false or misleading information
- SFAT affirms SFC decision to suspend former responsible officer of China Securities Holdings Limited
- Court orders EY to produce accounting records to SFC
- SFC reprimands and fines Deutsche Bank Aktiengesellschaft $1.6 million for regulatory breaches
- SFC reprimands and fines ICBC International Capital Limited and ICBC International Securities Limited $12.5 million each for failures related to IPO shares subscription
- C.L. Management Services Limited and its director fined $1.5 million for unlicensed activities
- Futures manipulator sentenced to community service
- SFC resolves concerns over Citigroup’s algorithmic trading system
- SFC obtains court orders for GOME to receive $420 million compensation from founder and wife over breaches in share repurchase
- Notice on Potential Regulations Applicable to, and Risks of, Crowd-funding Activities
- SFC outlines risks of crowd-funding and potential regulatory issues
- SFC bans Helen Chow Hoi Ching and Choy Cheuk Tung for life
- SFC reprimands and fines Kaiser $1.7 million
Regulatory News (Apr 2014)
- Futures trader convicted of false trading
- Market manipulator jailed for false trading
- SFC reprimands and fines The Royal Bank of Scotland PLC $6 million for internal control failings
- SFC seeks court orders against chairman, current and former directors of Minth Group Limited
- Court remands market manipulator in custody
- Joint Announcement of China Securities Regulatory Commission and Securities and Futures Commission
- SFC welcomes Shanghai-Hong Kong Stock Connect pilot programme
- SFC seeks court orders to compel disclosure by Qunxing Paper’s chairman and vice-chairman
- SFC bans Mak Shu Pan for three years
- SFC suspends Chan Chi Ki for six months