Category Archives: Enforcement

SFC publicly criticises Gold Dragon Worldwide Asset Management Limited for breaches of Takeovers Code

28 Oct 2022 The Securities and Futures Commission (SFC) has publicly criticised Gold Dragon Worldwide [...]

Government to strengthen regime against cross-border tax avoidance

 The Inland Revenue (Amendment) (Taxation on Specified Foreign-sourced Income) Bill 2022 (the Bill) will be [...]

Court convicted Wong King Hoi for obstruction of SFC’s search operation

The Eastern Magistrates’ Court today convicted Mr Wong King Hoi after he pleaded guilty to [...]

Retail investor convicted and fined for illegal short selling

The Eastern Magistrates’ Court today convicted Mr Lau Chi Ho after he pleaded guilty to [...]

Former account executive of Fulbright Securities Limited jailed for securities fraud

The Eastern Magistrates’ Court today sentenced Mr Danny Fung Kwong Shing to two-and-a-half months’ imprisonment [...]

SFC reprimands and fines Asia Research & Capital Management Limited $1.75 million and bans former senior executive Billy Wong Yim Chi for two months

The Securities and Futures Commission (SFC) has reprimanded and fined Asia Research & Capital Management [...]

SFC alerts the public of unauthorised investment schemes

The investment arrangements included in this alert list have come to the SFC’s attention through [...]

Market Misconduct Tribunal sanctions China Medical & HealthCare Group Limited and its directors for late disclosure of inside information

12 May 2021 The Market Misconduct Tribunal (MMT) has fined China Medical & HealthCare Group [...]

Market Misconduct Tribunal sanctions two former executives for insider dealing in Asia Telemedia Limited shares

[Enforcement] 7 Apr 2021 The Market Misconduct Tribunal (MMT) has sanctioned two former executives of [...]

SFC reprimands and fines Brilliance Asset Management Limited $3.15 million over short position reporting failures

 22 Feb 2021  The SFC has reprimanded Brilliance Asset Management Limited (Brilliance) and fined it [...]