All posts tagged "client assets"
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767FeatureSFC Extends Deadlines on Three Regulatory Initiatives
The deferred initiatives relate to new requirements on external data storage, client asset protection, and brokers' systems for maintaining order life cycle data.
April 1, 2020 -
1.0KFeatureSFC Strengthens Protections for Client Assets Held by AIs
Intermediaries and AIs must sign an acknowledgement letter making clear that assets held in designated client asset accounts are protected from recourse.
July 9, 2019 -
854EnforcementSFC Fines China Merchants Securities for Mishandling Client Money
China Merchants Securities has received a second fine this week, this time for using funds from client trust accounts for purposes not allowed under the SFC's Client Money Rules.
May 31, 2019
