Category Archives: Enforcement

Monetary Authority takes disciplinary action against Fubon Bank (Hong Kong) Limited for contravention of Anti-Money Laundering and Counter-Terrorist Financing Ordinance

The Hong Kong Monetary Authority (HKMA) has fined Fubon Bank (Hong Kong) Ltd. HK$4 million [...]

Ramp-and-dump case against surrendered fugitive transferred to District Court

The Eastern Magistrates’ Courts has approved the Department of Justice’s request to transfer a securities [...]

Announcement – In relation to the matter of Shinsun Holdings (Group) Co., Ltd. (Incorporated in the Cayman Islands with limited liability) (Stock Code: 2599) Cancellation of listing

The Hong Kong Stock Exchange announced that the listing of Shinsun Holdings (Group) Co., Ltd.’s [...]

SFC bans Jonathan Dominic Iu Wai Ching for 15 years

The Securities and Futures Commission (SFC) has banned Mr. Jonathan Dominic Iu Wai Ching from [...]

Then listed company deputy general manager gains AUS$2.9m in investment opportunity, charged by ICAC with bribery over overseas property projects

Ng Wai, the former deputy general manager of Beijing Capital Land Limited (BCL), and his [...]

Then manager of printing company charged by ICAC admits $420,000 wage fraud over mother’s service

Fong Lung, a former manager at FUJIFILM Business Innovation Hong Kong, admitted to fraud charges [...]

Private cello tutor charged by ICAC admits fraud over purchase of musical instrument

A private cello tutor, Ho Ka-yeung, pleaded guilty to fraud after concealing a significant discount [...]

Insurance intermediary charged by ICAC guilty of conspiring with policyholders over insurance claims fraud

On October 31, insurance intermediary Lalwani Jay Jerome was convicted of conspiring with two policyholders [...]

Private residential flat owner charged by ICAC with bribing property agent for avoiding commission

The ICAC has charged Chan Wing-tak, a 46-year-old private flat owner, with offering a $4,500 [...]

Announcement – In relation to the matter of Goldstone Investment Group Limited (Incorporated in the Cayman Islands with limited liability) (Stock Code: 901) Cancellation of listing

The Stock Exchange of Hong Kong Limited has announced the cancellation of Goldstone Investment Group [...]