All posts tagged "fit and proper"
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61AML / KYCSFC Imposes Lifetime Ban on Co-CEOs of IDS Forex Ltd
The co-CEOs knew of their chairman's arrest and conviction in Korea for fraud but did not report the events to the SFC.
April 23, 2021 -
199Hong KongSFC Greenlights Appointment of Nicolas Aguzin as HKEX CEO
The SFC gave its approval for Aguzin’s appointment on Tuesday after vetting him against its fit and proper criteria.
March 3, 2021 -
135Australia & NZSuperannuation Funds to Face Greater Scrutiny in 2021: APRA
To improve member outcomes, APRA will focus on strengthening its prudential framework, sharpening supervision, improving data and enhancing transparency.
February 16, 2021 -
111EnforcementHKMA Suspends Banker Over Photocopied Client Signature
The banker photocopied a client’s signature onto an instruction form and used it to apply for the issuance of a bank reference letter.
January 28, 2021 -
824Featured ArticlesAsia Has an Opportunity to Demonstrate Global RegTech Leadership
Hong Kong, Singapore and Tokyo each have an opportunity to demonstrate global leadership in the regtech sector, according to a panel of experts hosted by the Asia Society's Hong Kong Center.
January 18, 2021 -
239EnforcementSFC Bans CCB Asia Branch Manager for Life
The former manager used a cashier’s order application form pre-signed by a customer to misappropriate HK$3.6mn in April 2019.
January 6, 2021 -
205Hong Kong
SFC Unveils New Electronic Licensing Functions On WINGS
The new online licensing platform marks an important milestone in the modernisation of the SFC's gatekeeping function, said chief executive Ashley Alder.
December 21, 2020 -
833Enforcement
SFC Suspends Licence of Mason Securities Representative
The former licensed representative said she had forgotten to declare an external securities trading account initially, and "could not be bothered to do so subsequently".
October 30, 2020 -
373Enforcement
SFC Suspends Former Licensed Rep for Over Discretionary Trading
The former Ewarton Securities representative placed his own orders within 30 seconds ahead of those placed for the client’s account.
September 23, 2020 -
1.3KIndiaRBI Sets Out Guidelines on Bank Compliance Function
The guidelines are aimed at ensuring a uniform approach with regard to compliance and risk management culture across the banking industry.
September 14, 2020
