Category Archives: Enforcement

SFC reprimands and fines Fulbright Securities Limited $3.6 million

 23 Dec 2020 SFC has reprimanded Fulbright Securities Limited (Fulbright) and fined it $3.6 million [...]

SFC commences legal proceedings against New Ray Medicine International Holding Limited and its former top executives

30 Nov 2020 Company involved: New Ray Medicine International Holding Limited People involved: Mr Zhou [...]

SFC publicly censures Ngai Lai Ha and imposes a cold-shoulder order for breach of the Takeovers Code

2 Nov 2020 Company involved: International Housewares Retail Company Limited People involved: Ms Ngai Lai [...]

SFC reprimands and fines Goldman Sachs (Asia) L.L.C. US$350 million for serious regulatory failures over 1Malaysia Development Berhad’s bond offerings

22 Oct 2020  SFC has reprimanded and fined Goldman Sachs Asia HK$2.71 billion for serious [...]

Market Misconduct Tribunal sanctions CMBC Capital Holdings Limited and its former directors for late disclosure of inside information

16 Oct 2020 The Market Misconduct Tribunal (MMT) has found that CMBC Capital Holdings Limited [...]

SFC publicly censures So Yuk Kwan and imposes a cold-shoulder order for breach of the Takeovers Code

SFC has publicly censured and imposed a 24-month cold-shoulder order against So Yuk Kwan for [...]

SFAT affirms SFC decision to ban Lai Voon Wai for five years for IPO sponsor failures

The Securities and Futures Appeals Tribunal (SFAT) has affirmed the decision of the SFC to [...]

SFC commences proceedings against Tianhe Chemicals Group Limited and its executive director for defective prospectus and to seek compensation orders for investors

7 Sep 2020 The SFC has commenced proceedings in the Market Misconduct Tribunal (MMT) against [...]

SFC issues restriction notice to freeze broker’s client accounts linked to suspected market manipulation

3 Sep 2020 The SFC has issued a restriction notice to Shenwan Hongyuan Securities (H.K.) [...]

Former licensee convicted of providing false or misleading information to SFC

3 Sep 2020 The Eastern Magistrates’ Court today convicted Mr Lau Tin Yau in a [...]