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Regulation
Hong Kong's SFC Fines MIS Services $3 Million for Regulatory Breaches
2017-01-03T13:00:21.000+02:00
The firm has been penalised for falling short of its key personnel requirements.
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Regulation
Hong Kong Financial Watchdog Bans an Ex-HSBC Broking Forex Trader for Life
2016-12-29T15:14:31.000+02:00
HSBC Broking has already paid over $70 million to the affected clients to compensate them for their losses.
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Regulation
Hong Kong’s SFC Warns Against William Paulstern
2016-12-26T16:46:14.000+02:00
Hong Kong’s regulator helps keep investors informed by drawing attention to suspicious operations and unregulated entities.
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Regulation
SFC Freezes Brokerage's Client Account Amid Suspected Market Manipulation
2016-12-16T13:29:17.000+02:00
The Hong Kong regulator has taken action against an Interactive Brokers client's account in the interest of the public.
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Regulation
SFC Bans Phillip Securities Employee for Unauthorized Trades
2016-12-15T14:03:40.000+02:00
Poon was banned for a couple of years by the watchdog after placed discretionary trades on behalf of two clients.
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Regulation
SFC Bans Goodcape Securities for Breaking its IB Licence Conditions
2016-12-15T13:42:42.000+02:00
The company and its officers Tang and Chang deliberately hid their deceptive scheme and issued bogus account statements.
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Regulation
Hong Kong's SFC Warns Against VGS Virtual Currency Trading Platform
2016-12-14T13:33:36.000+02:00
The Hong Kong watchdog has added another suspicious website to its warning list.
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Regulation
Hong Kong’s SFC Warns Against Brokerage Firm Florin Investment
2016-12-14T11:20:15.000+02:00
The wealth management firm has joined the SFC’s warning list after targeting Hong Kong investors without authorisation.
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Executive Moves
Trading Places: Synergy FX Gets New Head, Banks See Shuffle of Personnel
2016-12-11T10:32:19.000+02:00
Catch up on the latest moves of the previous week from across the financial services industry.
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Executive Moves
Hong Kong’s SFC Appoints Edward Cheng Wai-Sun as Non-Exec Director
2016-12-09T18:50:51.000+02:00
Edward Cheng Wai-Sun will begin a two-year appointment at the SFC this January.
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Regulation
SFC Initiates Tribunal Proceedings Over Insider Dealing in Titan Shares
2016-12-06T13:20:40.000+02:00
The watchdog is seeking orders for the offenders to repay $2.5m losses they avoided from their disposal of the shares.
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Regulation
SFC Bans Deutsche Bank Korea Employee for Role in Market Manipulation
2016-11-17T13:57:36.000+02:00
Derek Ong was previously sentenced by a Seoul court to a five-year jail term for triggering the shares plunge.
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Regulation
SFC Bans UOB Hong Kong Rep For Causing Client's $50m Trading Loss
2016-11-02T12:59:06.000+02:00
Lawrence Lai has been prohibited from re-entering the industry after breaching the SFC’s code of conduct.
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Regulation
SFC Bans Richmond Asset Management After $5m Phuket Land Investment Fraud
2016-10-31T15:08:11.000+02:00
The firm failed to properly disclose potential conflicts of interest to its clients and routed monies into unathourised funds.
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Regulation
SFC Exposes Clone Company PHMARKETS for Using Authorised Firm Details
2016-10-26T14:28:48.000+02:00
The firm used the details of an authorised firm operating under the name Peace Town Financial Services Limited.
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Regulation
Option500 Added to Hong Kong SFC's Alert List
2016-10-21T14:05:30.000+02:00
The binary options broker has joined the SFC’s warning list after targeting Hong Kong investors without permission.
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Regulation
Hong Kong’s SFC Warns Against Dukascopy Clone, Dukes Copy LTD
2016-10-20T20:19:25.000+02:00
Dukes Copy LTD is an illegal entity in Hong Kong, posing as multi asset brokerage Dukascopy.
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Regulation
Hong Kong's Watchdog Fines JPMorgan Asia Units $5.6 Million
2016-10-20T12:28:05.000+02:00
The penalties took into account JPMorgan’s cooperation in resolving the regulator’s concerns.
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Regulation
Hong Kong SFC Warns Against Unlicensed Brokerage CW Associates
2016-10-06T11:49:09.000+02:00
The watchdog has warned investors against another unlicensed entity, adding the firm to its growing Alert List.
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News
Hong Kong SFC to Launch 'Regtech' Project to Improve Financial Data Analysis
2016-09-23T12:18:12.000+02:00
The watchdog is due to kick off a pilot fintech project next month to overhaul its data management process.
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Regulation
SFC Fines HSBC $2.5 Million for Internal Control Failures
2016-09-14T12:33:26.000+02:00
HSBC has breached the SFC’s code of conduct relating to position limits and has been fined accordingly.
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Regulation
SFC Warns Against Forex Broker Trading Banks
2016-09-12T12:27:09.000+02:00
Hong Kong's financial watchdog has warned against a further unlicensed entity soliciting its services to Hong Kong investors.
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Regulation
Two Ex-HSBC Employees Jailed in Hong Kong for Sales Fraud
2016-09-07T12:45:37.000+02:00
Chau and Chow were sentenced to 12 and 18 months in prison after having been convicted of two counts of fraud.
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Execution
LCH Obtains SFC Licence as an Automated Trading Services Provider
2016-09-01T11:30:50.000+02:00
The exchange is now authorised to provide automated trading services in Hong Kong via its SwapClear and ForexClear services.
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Regulation
China Merchants International Corporation Added to SFC Alert List
2016-08-31T13:42:26.000+02:00
Hong Kong’s SFC has cautioned the public against doing business with another unregulated entity.
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See more
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