Category Archives: Enforcement

SFC issues restriction notices to two brokers to freeze client accounts linked to suspected market manipulation

August 10 The SFC has issued restriction notices to Gary Cheng Securities Limited (GCSL) and [...]

Court convicts and fines Brilliance Capital Management Limited and its director for unlicensed activities

July 24 2020 The Eastern Magistrates’ Court convicted Brilliance Capital Management Limited (BCM) and its [...]

Court convicts and fines former officer of Wonderful Wealth Group Limited for unlicensed activities

9 Jul 2020 The Eastern Magistrates’ Court today convicted Mr Simon Chan Ying Ming, former [...]

SFC bans Lai Wing Fat for 20 months

7 Jul 2020 The Securities and Futures Commission (SFC) has banned Mr Lai Wing Fat, [...]

SFC bans former responsible officer of Guosen Securities (HK) Brokerage Company, Limited for 12 months

23 Jun 2020 The Securities and Futures Commission (SFC) has prohibited Ms Joanna Chu Lai [...]

SFC reprimands and fines Potomac Capital Limited $800,000 for breaching Financial Resources Rules

June 8 2020 The Securities and Futures Commission (SFC) has reprimanded and fined Potomac Capital [...]

SFC bans Kwok Chau Mo for nine months

May 28 2020 The Securities and Futures Commission (SFC) has banned Mr Kwok Chau Mo, [...]

SFC seeks court order to wind up Combest Holdings Limited

21 May 2020 The Securities and Futures Commission (SFC) has presented a petition to the [...]

SFC reprimands and fines Convoy Asset Management Limited $6.4 million for regulatory breaches over bond recommendation

19 May 2020 The Securities and Futures Commission (SFC) has reprimanded and fined Convoy Asset [...]

SFC reprimands and fines Southwest Securities (HK) Brokerage Limited $5 million for breaches of anti-money laundering regulatory requirements

18 May 2020 The Securities and Futures Commission (SFC) has reprimanded and fined Southwest Securities [...]