Search Results for: China Securities Regulatory Commission
Announcement on receipt of notice of investigation from China Securities Regulatory Commission
August 26th, 2015
On 24 August 2015, Haitong Securities Co., Ltd. (the “Company”) received the Notice of Investigation (Jin Zheng Diao Cha Zi No. ) from the China Securities Regulatory Commission (the “CSRC”), which stated that the CSRC had decided to carry ...
Joint Announcement of China Securities Regulatory Commission and Securities and Futures Commission
May 25th, 2015
To deepen Mainland-Hong Kong financial cooperation and promote the joint development of the Mainland and Hong Kong capital markets, the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) have decided to embark on the Mainland-Hong ...
China and Australia to cooperate on fintech
November 6th, 2017
The China Securities Regulatory Commission (‘CSRC’) and Australian Securities and Investments Commission (‘ASIC’) have entered into an agreement to promote innovation in financial services in their respective markets. The Information Sharing Co-operation Agreement further underlines the significance of the ...
SFC fined millions an asset management company for regulatory failures
January 25th, 2017
SFC reprimands and fines Value Partners $4 million The Securities and Futures Commission (SFC) has reprimanded Value Partners Limited (VPL) and Value Partners Hong Kong Limited (VPHKL) (collectively, Value Partners), and fined them $2 million respectively for failures to ...
SFC reprimands and fines HSBC $2.5 million for regulatory breaches
September 14th, 2016
The Securities and Futures Commission (SFC) has reprimanded and fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) $2.5 million for regulatory breaches and internal control failings related to position limit failures. The disciplinary action follows an SFC investigation ...
Global Brokers See 109 Million Reasons to Ramp Up in China
July 25th, 2016
Interative Brokers and Saxo among firms laying groundwork QDII2 program to be rolled out at ‘appropriate time’: PBOC Online brokerages from around the world are gearing up for what could be China’s biggest step yet to unleash the nation’s ...
China Said to Put Reserve Rule on Offshore Bank Yuan Funds
January 18th, 2016
Officials extending effort to counter speculation against yuan Premier Li underscores `no basis’ for continued yuan slide China is stepping up efforts to counter speculative bets against the nation’s currency, through imposing reserve requirements on yuan deposits held on ...
CSRC:China suspends stock market “circuit breaker”
January 8th, 2016
China announced Thursday night that it will from Friday suspend the stock market “circuit breaker” mechanism that has been implemented since the beginning of this year. “Currently, the negative effects of the mechanism are greater than the positive effects. ...
Asia markets close mixed as China shares turn higher
January 8th, 2016
Asian markets closed mixed Friday after swinging between gains and losses following early volatility in Chinese shares. The Shanghai Composite was up 2.17 percent after trading down as much as 1.89 percent and up as much as 3.32 percent shortly after ...
China Said to Intervene in Stocks After $590 Billion Selloff
January 5th, 2016
State funds buy after CSI 300 index tumbled 7% on Monday CSRC signals six-month selling ban on major holders to stay China moved to support its sinking stock market as state-controlled funds bought equities and the securities regulator signaled ...
