All posts tagged "Code of Conduct"
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701FeatureSFC Concludes Consultation on Enhancements to OTC Derivatives Regime
OTC derivatives participants will be subject to new risk mitigation requirements, as well as conduct requirements for dealings with group affiliates and related parties.
December 13, 2018 -
561Enforcement
Hong Kong Forex Broker Fined for Mishandling Client Money
HPI Forex Limited transferred client money from segregated client account to two overseas brokers, breaching the Code of Conduct and the SFC’s client money rules.
August 23, 2018 -
955Contributed Article
SFC Fund Manager Code of Conduct – Five Steps to Compliance
Investment management firms with operations in Hong Kong must turn their attention to the new SFC Fund Manager Code of Conduct, which comes into force in four months.
July 17, 2018 -
531AML / KYCMAS Proposes Amendments to Misconduct Reporting Regime
Proposed changes aim to provide greater clarity on requirements and reduce errors in the submission of misconduct reports; reference checks to be mandatory when recruiting staff.
July 12, 2018 -
360EnforcementCitigroup unit Fined HK$4mn for Alternative Liquidity Pool Failures
SFC found that due to an incorrect system setting for client profiles, over 130 clients had accessed alternative liquidity pool Citi Match without being assessed whether they were qualified investors.
July 11, 2018 -
451Fintech / RegtechGDF Consults on Global Code of Conduct for Crypto Businesses
The Code includes commitment to comply with standing laws and regulations, ensure appropriate systems and processes, and treat customers and their assets fairly.
June 22, 2018 -
432Australia & NZNew Zealand Publishes Revised Code of Banking Practice
New code promises fair treatment, clear communication, customer privacy, responsible lending, effective complaints handling.
June 4, 2018 -
522FeatureMAS, HKMA Commit to FX Global Code
Over 200 global FX market participants have committed to the Code to maintain status as central bank counterparties.
May 30, 2018 -
459Asia-PacificMalaysia Adopts FSPB Professional Code for Finance Industry
The code aims to instil core minimum standards of conduct, enhance confidence, promote sustainability across financial sector by promoting strong culture of professionalism.
May 28, 2018 -
405Hong KongSFC Introduces New Disclosure Rules for Discretionary Account Trading
SFC requires intermediaries to disclose incentives, trading profits arising from third party products; amendments to come into effect on 25 November 2018.
May 24, 2018
