Regulatory News (Dec 2019)
- SFC publicly censures CLSA Limited, CITIC Securities Brokerage (HK) Limited, Beijing Enterprises Holdings Limited and their representatives for breaching the Code on Share Buy-backs
- SFC reprimands and fines FIL Investment Management (Hong Kong) Limited HK$3.5 million for regulatory breaches
- SFC reprimands and fines Adamas Asset Management (HK) Limited $2.5 million
- Launch of investor identification for southbound trading under Stock Connect
- SFC proposes changes to the open-ended fund companies regime
- SFC concludes consultation on margin requirements for non-centrally cleared OTC derivatives
- SFC bans W. Falcon Asset Management (Asia) Limited’s former chairman for life and ex-CFO for three years
- New SFC survey on ESG, climate change and asset management
- SFC issues quarterly report
- SFC waives licensing fees for 2020/21