Category Archives: Enforcement

SFC bans Citigroup Global Markets Asia Limited’s former responsible officer Philip John Shaw for 10 years

The party involved the Former responsible officer, board member and Head of Pan-Asia Execution Services [...]

SFC bans Wong Kwun Shing for life

The party involved the Former Licensed Representative of Convoy Asset Management Limited (CAML). From June [...]

EXCHANGE’S DISCIPLINARY ACTION AGAINST HYGIEIA GROUP LIMITED (STOCK CODE: 1650) AND THREE DIRECTORS

The party involved the Former Executive Director, Chairman and CEO of Hygieia Group Limited.  The [...]

SFC bans Chan Wai Chun for life

The party involved the former Customer Relationship Manager of Dah Sing Bank Limited (DSB). On [...]

SFC reprimands and fines Jinrui Futures (Hong Kong) Limited $4.8 million and sanctions its responsible officers for regulatory breaches

The party involved Jinrui Futures (Hong Kong) Limited (Jinrui Futures) and its Executive Director and [...]

EXCHANGE’S DISCIPLINARY ACTION AGAINST CHINA GEM HOLDINGS LIMITED (STOCK CODE: 1191) AND SEVEN DIRECTORS

The party involved China Gem Holdings Limited (Stock Code: 1191) and its seven directors. In July and [...]

The Monetary Authority takes disciplinary action against Westpac Banking Corporation, Hong Kong Branch for contraventions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance

The party involved Westpac Banking Corporation HK Branch. The fact is that Westpac Banking Corporation, Hong [...]

SFAT affirms SFC decision to fine Cardinalasia Consulting Limited $1.5 million and imposes a heavier suspension on its responsible officer for failures in managing private funds

The party involved Cardinalasia Consulting Limited (CCL) and its Responsible Officer Mr Edward Lee Shiu [...]

Suspected syndicate leader charged in connection with ramp-and dump schemes

A suspected ringleader of a sophisticated ramp-and-dump syndicate appeared at the Eastern Magistracy today and [...]

Court orders Hong Kong Wan Kiu Investment Company Limited and its connected entities to compensate clients

The Court of First Instance has ordered Hong Kong Wan Kiu Investment Company Limited (HKWK), [...]