Category Archives: Enforcement

Ex-director of electronics assembly equipment manufacturer and merchant charged by ICAC for alleged $6m bribery deal

The ICAC has charged Lau Wai-leung, a former sales director at ASMPT Hong Kong Limited, [...]

SFC reprimands and fines Profitech Securities Limited $3.99 million for regulatory breaches

The Securities and Futures Commission (SFC) has fined Profitech Securities Limited $3.99 million for failing [...]

SFC seeks share repurchase order for independent minority shareholders of LET Group Holdings Limited and Summit Ascent Holdings Limited

The Securities and Futures Commission (SFC) has filed legal proceedings against Mr. Lo Kai Bong, [...]

Insurance agent charged by ICAC gets 10 months’ jail for swindling commissions over bogus policies

An insurance agent, Lee Hon-yin, was sentenced to 10 months in prison for defrauding China [...]

Ex-manager of FEHD contractor charged by ICAC admits extorting $38,000 in wages from cleaning workers by deceit

Choy Wai-hong, a former manager of Sparkle Environmental Services and contractor for the Food and [...]

Carpenter team leader of Three-Runway System Project charged by ICAC with bribery for assisting imported workers to continue employment

On September 9, the ICAC charged Chen Xianliang, a 62-year-old team leader of carpenters at [...]

AFRC reprimands Ting Ho Kwan & Chan and three others for serious audit breaches and imposes fines over HK$1.7 million

The AFRC has sanctioned Ting Ho Kwan & Chan (THKC), Mr. Chan Shu Kin, Ms. [...]

Monetary Authority suspends registration of LI Shek Tang for nine months

The Monetary Authority has suspended Mr. LI Shek Tang from the Hong Kong Monetary Authority’s [...]

SFC issues restriction notice to Kingston Securities Limited to freeze account of client involved in suspected corporate misconduct

The Securities and Futures Commission (SFC) has issued a restriction notice to Kingston Securities Limited, [...]

ICAC Three-Runway System Project’s sub-contracts bribery cases: Ex-AAHK Principal Manager admits $3.3m bribery and money-laundering

Ricky Lee Wing-fai, former Principal Manager of the Airport Authority Hong Kong (AAHK), has admitted [...]