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Regulation
Hong Kong’s SFC Warns Against Daikyo Brokerage
2016-07-04T13:41:52.000+02:00
Daikyo Brokerage is the latest entity to make it onto the SFC's Alert List.
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Regulation
Hong Kong's SFC Adds Three More Unlicenced Entities to its Alert List
2016-06-30T17:05:25.000+02:00
The SFC has warned about three financial services firms soliciting their services claiming to be based in Hong Kong.
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Regulation
SFC Issues Warnings about FXGlobal1 and Wing Fung Financial Group
2016-06-29T12:32:06.000+02:00
Hong Kong's SFC has warned against two further brokers which join the watchdog's alert list.
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Regulation
Hong Kong’s SFC Bans Former Wing Lung Bank Employee Over $25.8m Fraud
2016-06-27T13:29:18.000+02:00
Liu King Yee has been banned for life by the SFC after three Wing Lung Bank customers suffered losses of over $25.8 million.
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Regulation
Securities and Futures Commission of HK Net Profit Rises 62% for 2015-16
2016-06-22T08:19:27.000+02:00
Hong Kong's SFC released its latest annual report today for its 2015-16 year.
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Regulation
SFC Fines Schroder Investment Management $1.8m For Disclosure Failures
2016-06-15T16:05:39.000+02:00
The SFC penalises another entity for failing to disclose all notifiable interests in Hong Kong listed shares.
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Regulation
SFC Fines State Street Global Advisors Asia $4m for Regulatory Breaches
2016-06-15T11:58:39.000+02:00
State Street Global Advisors Asia's Tracker Fund of Hong Kong was found to have violated regulatory mandates.
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Brokers
ADS Securities Adds Two Additional Regulatory Licenses from Hong Kong SFC
2016-06-08T10:12:22.000+02:00
ADS Securities adds futures and securities to its existing FX license in Hong Kong.
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Regulation
Hong Kong’s SFC Fines SynerWealth Financial Ltd $2.7 Million
2016-05-31T12:51:19.000+02:00
The SFC penalises another financial services provider for failing to report deficiencies in its trading system.
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Regulation
SFC Fines Hong-Kong Based Guotai Junan Securities $1.3 million
2016-05-30T13:45:57.000+02:00
Hong Kong’s SFC imposes fine for failure to comply with its regulatory requirements regarding client identity.
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Regulation
FINRA and SFC Sign MoU Amid Decline for Banker's Expat Perks in Hong Kong
2016-05-20T11:58:29.000+02:00
FINRA and SFC agree on cross-border synergy amid other trends evident in Hong Kong.
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Executive Moves
Hong Kong SFC CEO Ashley Alder Appointed to Chair IOSCO Board
2016-05-13T17:45:44.000+02:00
Ashley Alder was recently vice chair of IOSCO's Board and is now its chairman.
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Steven Hatzakis
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Regulation
Moody’s Forced to Pay $11M Over “Red Flags" Report
2016-04-05T14:16:03.000+02:00
SFAT has affirmed the SFC’s previous decision and fined Moody’s $11 million for painting a misleading picture of Chinese companies.
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Damian Chmiel
Executive Moves
SFC Taps Thomas Atkinson as Executive Director of Enforcement
2016-03-23T14:13:42.000+02:00
The OSC's Thomas Atkinson will join the SFC as its Director of Enforcement.
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Regulation
Hong Kong's SFC Fines Unicorn Securities and its Ex-Officer $3.2 Million
2016-03-14T14:26:35.000+02:00
The local watchdog gives fraudulent company and its ex-employee a seven figure fine.
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Regulation
Hong Kong SFC Fines Yuanta Securities $4m over Undisclosed Spread Markups
2016-02-29T13:35:56.000+02:00
Pricing disclosures and best practices continue to come under scrutiny, across asset classes traded by both retail and institutional.
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Regulation
Hong Kong SFC Bans Trader over Directing Clients Account without POA
2016-02-24T11:49:01.000+02:00
The Securities and Futures Commission bans Jia Zhen for 10 months over trading with a client's account without first obtaining proper consent.
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Regulation
Hong Kong Regulator Reports Q3 Income Down, Lower Market Volumes
2016-02-18T11:19:24.000+02:00
The Hong Kong Securities and Futures Commission reports for the period of October through December 2015.
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Regulation
SFC Warns on False Regulator, Hong Kong Foreign Investments Trade Authority
2016-02-11T12:39:06.000+02:00
The SFC has warned about Hong Kong Foreign Investments Trade Authority, a false entity that is claiming to be a regulator and market operator.
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Regulation
SFC Levies $30 Million Fine Against JP Morgan’s Subsidiaries For Breaches
2015-12-15T12:34:38.000+02:00
JP Morgan Broking, and its APAC and Far East subsidiaries, were fined a collective $30 million following an SFC investigation.
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Regulation
SFC Warns on Suspicious Activity of IQSFX, Impersonating FCA Regulated Firm
2015-11-27T13:51:14.000+02:00
IQSFX (www.iqsfx.com) was added to the SFC’s alert list for suspicion of being unlicensed or unregistered in Hong Kong.
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Executive Moves
Hong Kong’s SFC Extends Fresh Terms for Two Executive Directors
2015-08-21T15:59:33.000+02:00
Brian Ho and Mr. Keith Lui retain their respective positions as Executive Directors for the duration of three-year terms.
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Regulation
SFC Disciplines Nomura Hong Kong to the Tune of HK$4.5 Million
2015-07-30T12:19:46.000+02:00
The firm has been publicly reprimanded and fined for its inadequate reporting of a trader’s misconduct to the Hong Kong watchdog.
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Analysis
Hong Kong Hedge Funds' Assets under Management Reach New Record
2015-03-30T12:45:38.000+02:00
Hedge funds in the Chinese financial hub had a record US$120.9 billion in assets under management as of September 2014.
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Avi Mizrahi
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Analysis
Hong Kong and Chinese Financial Regulators Sign MoU to Bridge Their Stock Exchanges
2014-10-18T16:40:18.000+02:00
The Securities and Futures Commission of Hong Kong and the China Securities Regulatory Commission are aiming to establish mutual access between Shanghai and Hong Kong stock markets through signing an MoU.
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