SFC bans former financial planning manager
The Securities and Futures Commission (SFC) has prohibited Mr Choi Siu Ki, a former financial planning manager of Dah Sing Bank Limited, from re-entering the industry for nine months from 7 January 2017 to 6 October 2017 for forging client signatures.
The SFC found that in August 2015, Choi forged a customer’s signatures on two insurance application documents in order to submit the documents in time before deadline.
Choi’s forgery came to light after the client made a complaint with Dah Sing Bank upon discovery of forged signatures of hers in a copy of the approved insurance application document she received for retention.
The SFC considers that Choi is not a fit and proper person to be licensed or registered to carry on regulated activities as a result of his forgery.
The case was referred to the SFC by the Hong Kong Monetary Authority.