A Hong Kong court found two former Luxey International directors responsible for fraudulently inflating the price of a corporate acquisition and pocketing the gains.
May 25, 2023The investor bribed a former Deutsche Bank director to obtain insider information to help him trade derivative warrants.
May 12, 2023The former licensee offered to invest for two students he taught, and then misappropriated their funds for his personal use.
December 7, 2021A ICAC investigation found that two former employees of a law firm defrauded licensed money lenders of mortgage loans totalling HK$20mn.
March 13, 2021Hang Seng Investment Management fined HK$3mn for cash management failures involving SFC-authorised funds it manages from 2010 to 2016.
June 1, 2018Government official says Hong Kong will continue to regard cryptocurrencies as commodities, won’t legitimise through regulation.
December 11, 2017HK on 'greylist'; Macau, S.Korea, on blacklist with the latter said to operate a ‘harmful preferential tax regime’ for the wealthy, companies.
December 7, 2017Hong Kong financial companies need further improvements to guard against risky behaviour.
November 23, 2017Court also rules a person’s lack of awareness they are trading on inside information doesn't mean they don't have to pay back illicit gains.
November 13, 2017Regulator says prime brokerage a growing revenue stream for institutions as Hong Kong’s asset management, hedge fund sectors expand.
November 1, 2017