Category Archives: Enforcement

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), [...]

Trade consultation on enhancing aircraft leasing preferential tax regime launched

The Transport and Logistics Bureau (TLB) today (November 22) launched a trade consultation on proposals [...]

SFC and ICAC joint operation against sophisticated ramp-and-dump syndicate

Eight people – including a suspected ringleader of a sophisticated syndicate operating ramp-and-dump schemes through [...]

Wong King Hoi jailed for obstruction of SFC’s search operation

The Eastern Magistrates’ Court today sentenced Mr Wong King Hoi to two weeks of imprisonment [...]

Hong Kong and Mauritius enter into tax pact (with photo)

 The Secretary for Financial Services and the Treasury, Mr Christopher Hui, on behalf of the [...]

SFC reprimands and fines Swiss-Asia Asset Management (HK) Limited $3 million for regulatory breaches. 

The Securities and Futures Commission (SFC) has reprimanded and fined Swiss-Asia Asset Management (HK) Limited [...]

Jail sentence and fine for a businessman convicted of omitting company turnover and property rental income

 A businessman was convicted on October 7 at the District Court of evading tax and [...]

SFC bans Tang Shiyi for 10 months

The Securities and Futures Commission (SFC) has banned Ms Tang Shiyi, a former licensed representative [...]