Securities and Futures Commission

Market Infrastructure

Merrill Lynch Units’ $1.9mn Fine Could Have Been Much Larger – HK SFC

By Samuel Riding | 27/03/2017

One unit advised on futures contracts for more than 10 years without the required license.

AML / KYC

HK SFC Fines Brokerage $335,000 for 300 AML Failures

By Samuel Riding | 15/03/2017

Zhongtai International breached AML/CTF Ordinance, Code of Conduct and SFC guidance.

Red Flags in HK Managers in Charge Regime

By Samuel Riding | 09/03/2017

July deadline looming large over financial institutions and their service providers.

AML / KYC

HK SFC Fines Securities Firm for AML Breaches

By Samuel Riding | 07/03/2017

Firm breached 3 regulations including SFC Code of Conduct.

HK Expands Fund Disclosure Requirements

By Samuel Riding | 06/03/2017

All authorised funds must now disclose ongoing charges, past performance.

AML / KYC

HK to Expand Professional Investor Qualification

By Samuel Riding | 02/03/2017

Joint accounts and existing investments to be counted towards qualification amount.

Enforcement Roundup – Australia, Hong Kong and Malaysia

By Samuel Riding | 21/02/2017

Malaysia revokes licenses for manipulative trading activities; HK offender ordered to pay regulator’s costs.

HK SFC’s Case Completions Surge

By Samuel Riding | 17/02/2017

Regulator completes nearly 40% more investigations in 9M16; sharp fall in criminal charges laid.

Market Infrastructure

HK SFC Joins Blockchain Consortium

By Samuel Riding | 15/02/2017

Regulator to test blockchain-backed securities and futures transactions.