SFC Fines Fulbright Securities $3.5 Million for Short Sale Violations Hong Kong’s regulations require firms to deliver the shares, after completion of a short sale transaction.
SFC Hong Kong Signs Fintech Cooperation Agreement with ISA The commission will work on innovative technology projects and information sharing with the Israeli Securities Authority.
Hong Kong’s SFC Warns of ‘Pump-and-Dump’ Scams on Social Media 20% of the market manipulation schemes the SFC is currently investigating are “ramp and dump scams”
SFC Suspends CTSL Account Executive for Unauthorized Trades Chan Yiu Ting had placed 6,031 trades involving $573 million worth of shares in a client account without obtaining ...
Huobi Asset Management Secures Two Licences from the SFC The company was granted with a Type 4 (advising on securities) and Type 9 (asset management) licence.
SFC Imposes Fines of $479 Million During 2019-20 Year In the regulator’s annual report, the SFC highlighted that it identified 1,489 incidents of breaches.
SFC Concludes Consultation on OTC Derivatives Licensing Regime The consultation paper aimed to refine the scope of regulatory activities under the regime.
IOSCO Re-Elects Hong Kong’s SFC CEO as Chair of Board Ashley Alder has been appointed as IOSCO’s Chair for the 2020-2022 term.
Hong Kong SFC Fines Southwest Securities over Third-Party Deposits 164 transactions totaling $110.1 million were passed without reviewing the source of funds deposited into SSBL bank accounts.
Hong Kong Regulator SFC Imposes $2.5M Fine on BOCOM Securities Arm BOCOM International Securities reprimanded and fined for internal control failures
SFC Continues to Scrutinize FX Space, Warns of Capital Markets Capital Markets says it maintains offices at Wall Street, New York while its headquarters located in Hong Kong.
SFC Scrutinises Leveraged FX Trading in Hong Kong The regulator has outlined that leveraged forex trading might not be for everyone.
HKMA and SFC Update OTC Derivatives Services Provider List The two regulators have proposed eight new entities be included in the list.
IS Prime Hong Kong Secures SFC FX Trading License The prime of prime broker secured the license from the SFC.
TigerWit Gets Financial Services License from Hong Kong’s SFC The acquisition of the license is in line with the company’s plans for expansion.
SFC Fines Fidelity Hong Kong for Unlicensed $40bn Trades FIMHK had also submitted incorrect information to the SFC when applying for a new fund authorization in 2017.
DX.Exchange Stops Operations, eToro Buys Delta: Editor’s Pick Keep up to date with the most interesting news stories in the FX and crypto space.
AAX Goes Live in Hong Kong Despite SFC’s Warning on Crypto Futures The exchange is planning to introduce Bitcoin and Ether futures contracts.
SFC Unlikely to Approve Crypto Futures, Issues Warning The agency is unlikely to grant permission to companies offering such services.