Regulatory News (Jun 2021)
/in Regulatory News /by Tony Chan- SFC publishes Annual Report 2020-21
- Court of Appeal grants SFC $622 million compensation orders against former directors of EganaGoldpfeil (Holdings) Ltd
- SFC publishes new guidance on ESG fund disclosures
- SFC reprimands and fines Deutsche Securities Asia Limited $2.45 million over incorrect prime brokerage client statements
- Annual update to the list of Financial Services Providers under the OTC derivatives regulatory regime
- New speech by Ashley Alder: Keynote address at City Week 2021
- New speech by Ashley Alder: Keynote address at AIMA APAC Annual Forum 2021
- SFC to upgrade industry practitioners’ competency standards
- Implementation of Hong Kong-Thailand Mutual Recognition of Funds
- Market Misconduct Tribunal sanctions Cheng Chak Ngok for insider dealing in China Gas shares
- SFC suspends Lun Sheung Nim for 7.2 months
- New speech by Julia Leung: Keynote speech at HKIFA 14th Annual Conference
- SFAT allows review for Mr Cai Hongping
- Court orders boiler room fraudsters to compensate investors
- SFC identifies vaccination as key element of operational risk management
Past Issues of Regulatory Update for Ongoing Clients
/in Regulatory Update for Clients /by Tony Chan- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
Regulatory News (May 2021)
/in Regulatory News /by Tony Chan- SFC supports early vaccination drive
- SFC reprimands and fines Ewarton Securities Limited $1.5 million
- Appointments and re-appointments to SFC Advisory Committee
- SFC warns netizens of online investment scams
- SFC steps up efforts to combat IPO-related misconduct
- New speech by Ashley Alder: Keynote address at ISDA Annual General Meeting 2021
- Market Misconduct Tribunal sanctions China Medical & HealthCare Group Limited and its directors for late disclosure of inside information
- Launch of grant scheme for open-ended fund companies and real estate investment trusts
Regulatory News (Apr 2021)
/in Regulatory News /by Tony Chan- SFC and Police joint operation against listed company and senior executives
- SFC revokes IDS Forex HK Limited’s licence and bans its former co-CEOs for life
- New speech by Tim Lui: Speech at National Security Education Day
- New speech by Ashley Alder: Speech at the Eurofi High Level Seminar 2021
- SFC reprimands and fines Optimas Capital Limited $1.05 million over short position reporting failures
- Consultation on annual update to the list of Financial Services Providers under the OTC derivatives regulatory regime
- Court acquits solicitor of insider dealing in shares of CASH Financial Services Group Limited
- Market Misconduct Tribunal sanctions two former executives for insider dealing in Asia Telemedia Limited shares
- Arrest warrant issued for alleged social media ramp-and-dump manipulator
Regulatory News (Mar 2021)
/in Regulatory News /by Tony Chan- SFC reprimands and fines Black Marble Securities Limited $1.8 million for internal control failings and regulatory breaches
- Appointments to SFC committees
- SFC reprimands and fines GEO Securities Limited $6.3 million for regulatory breaches
- SFC obtains disqualification orders against former senior executives of Long Success International (Holdings) Limited
- SFC welcomes appointment and re-appointment of Non-Executive Directors
- SFC reprimands and fines Yardley Securities Limited $5 million for breaches of anti-money laundering regulatory requirements
- SFC issues restriction notices to 15 brokers to freeze client accounts linked to suspected social media ramp-and-dump scam
- SFC reprimands and fines Sino-Rich Securities & Futures Limited $7.2 million for breaches of anti-money laundering regulatory requirements
- Market Misconduct Tribunal sanctions Magic Holdings International Limited and its directors for late disclosure of inside information
- SFC and Police joint operation against suspected ramp-and-dump syndicate
- SFC obtains disqualification orders against former senior executives and officers of Shandong Molong Petroleum Machinery Company Limited
Regulatory News (Feb 2021)
/in Regulatory News /by Tony Chan- SFC petitions for the winding up of Adamas Asset Management (HK) Limited and seeks to appoint provisional liquidators
- SFC and FRC to enhance collaboration
- SFC welcomes government budget measures
- SFC issues quarterly report
- SFC reprimands and fines Brilliance Asset Management Limited $3.15 million over short position reporting failures
- SFC issues restriction notices to 13 brokers to freeze client accounts linked to suspected social media ramp-and-dump scam
- New speech by Ashley Alder: Climate change and finance: What’s next for global regulators?
- SFC welcomes re-appointment of Executive Director and Deputy CEO
- SFC and Police warn investors about social media scams
- SFC issues restriction notices to two brokers to freeze client accounts linked to suspected social media ramp-and-dump scam
- SFC obtains disqualification orders against former senior executives of Far East Holdings International Limited
- SFC consults on conduct requirements for bookbuilding and placing activities
- MoU on Cross-boundary Wealth Management Connect
- SFC cautions investors on trading volatility
- Market Misconduct Tribunal sanctions Li Yik Shuen for insider dealing in Meadville Holdings Limited shares
- Notice inviting claims in respect of Hong Kong Wan Kiu Investment Company Limited
HKEJ article on the Management and Disclosure of Climate related Risks by Fund Managers
/in Media Coverage /by Tony ChanRegulatory News (Jan 2021)
/in Regulatory News /by Tony Chan- SFC issues restriction notices to five brokers to freeze client accounts linked to suspected market manipulation
- Hong Kong and Thailand regulators sign MoU on Mutual Recognition of Funds
- New speech by Ashley Alder: Special remarks at the Asian Financial Forum 2021
- Court upholds jail sentence against former GEM-listed group finance manager for insider dealing
- Company secretary jailed for insider dealing
- SFC bans Yung Lap Hong for life
Regulatory News (Dec 2020)
/in Regulatory News /by Tony Chan- SFC issues restriction notice to a broker to freeze client accounts linked to suspected market manipulation
- SFC reprimands and fines Fulbright Securities Limited $3.6 million
- SFC concludes consultation on customer due diligence requirements for open-ended fund companies
- SFC previews new electronic licensing services
- SFC proposes amendments to the Code on Pooled Retirement Funds
- Company secretary convicted of insider dealing
- Cross-agency steering group launches its Strategic Plan to Strengthen Hong Kong’s Financial Ecosystem to Support a Greener and More Sustainable Future
- SFC licenses first virtual asset trading platform
- Market Misconduct Tribunal finds Li Yik Shuen culpable of insider dealing in Meadville Holdings Limited shares
- SFC proposes to upgrade the industry’s competency standards
- SFC provides additional guidance on external electronic data storage
- Market Misconduct Tribunal finds insider dealing in China Gas shares
- Process Review Panel Report 2019-20
- SFC issues quarterly report
- SFC consults on investor identification
- Amendments to the Code on Real Estate Investment Trusts take effect
- Arrangements relating to SFC’s public services