Search Results for: Securities and Futures Commission (SFC)
SFC bans a former employee of Citibank for six months
January 5th, 2017
The Securities and Futures Commission (SFC) has banned Mr Cheung Kwan Po, a former employee of Citibank (Hong Kong) Limited (Citibank), from re-entering the industry for six months from 5 January 2017 to 4 July 2017 (Note 1). The ...
SFC bans a former staff of HSBC for life
December 29th, 2016
The Securities and Futures Commission (SFC) has banned Mr Lam Yuk Wai, a former staff of HSBC Broking Securities (Asia) Limited, HSBC Broking Futures (Asia) Limited, HSBC Broking Futures (Hong Kong) Limited and HSBC Broking Forex (Asia) Limited (collectively, ...
SFC issues further guidance on suitability obligations
December 27th, 2016
The Securities and Futures Commission (SFC) today issued further guidance in the form of two circulars on the existing suitability obligations (Note 1) of licensed or registered persons when recommending or soliciting investments. One circular (Frequently Asked Questions (FAQs) ...
SFC bans Individual for 10 years
November 2nd, 2016
The Securities and Futures Commission (SFC) has prohibited Mr Lawrence Lai, a former representative of UOB Kay Hian (Hong Kong) Limited and UOB Kay Hian Futures (Hong Kong) Limited (collectively, UOB Hong Kong), from re-entering the industry for 10 ...
SFC Hong Kong warns for Phmarkets
October 26th, 2016
The Securities and Futures Commission (SFC) Hong Kong, has issued an updated Alert List to inform investors and public for a suspicious website. According the new list, the SFC Hong Kong has added the Phmarkets Financial Limited to the suspicious websites list. ...
SFC Hong Kong warns for Strauss Asset Management
September 8th, 2016
The Securities and Futures Commission (SFC) Hong Kong, has issued today a warning to inform investors and public for an unlicensed entity with the name Strauss Asset Management. The SFC Hong Kong noted that the company provides the address 35 Des Voeux ...
SFC bans former employees of HSBC
September 7th, 2016
The Securities and Futures Commission (SFC) has banned Ms Chau Hang Yu and Mr Steve Chow Chun Yin, both former employees of The Hongkong and Shanghai Banking Corporation Limited (HSBC), from re-entering the industry for life following their criminal ...
LCH receives regulatory approvals in Hong Kong
September 1st, 2016
Hong Kong Securities and Futures Commission grants LCH designated CCP status and authorisation as an Automated Trading Services provider Enables firms subject to Hong Kong clearing mandate to comply by clearing at LCH Confirms LCH’s ongoing commitment to Asia ...
Hong Kong: Two solicitors engaged in fraud
January 18th, 2016
Court finds two solicitors engaged in insider dealing and fraud or deception The Court of First Instance today found that two solicitors, Mr Eric Lee Kwok Wa and Ms Betty Young Bik Fung, and Eric Lee’s sister, Ms Patsy ...
SFC Hong Kong warns for Binary Options provider Tooptions
October 29th, 2015
The Securities and Futures Commission (SFC) Hong Kong, has issued today a warning to inform investors and public for an unlicensed entity with the name HongKong Tooptions Limited. SFC noted that the address of the enity is Unit 17, ...
