Category Archives: Popular News

Circularisation exercise and internal control review

The Securities and Futures Commission (SFC) will conduct a circularisation exercise on clients’ accounts of [...]

Circular to Licensed Corporations Participation in Cross-Boundary Wealth Management Connect Pilot Scheme

The People’s Bank of China has revised its Implementation Arrangements for the Cross-boundary Wealth Management [...]

Tim Mohin: ESG ON FIRE

The term “responsible business” is being replaced by “ESG” as it becomes politicized and legal [...]

Fast Charging EV Network Provider Electra Raises $330 Million

Electric vehicle fast-charging provider Electra has raised €304 million (USD $330 million) in equity funding [...]

Circular to licensed corporations – Deferral of margin requirements for non-centrally cleared equity options

The SFC will delay the effective date of its margin requirements for non-centrally cleared single-stock [...]

Insurance Authority bans Ma Chun Kei for 4.5 years for fabricating a certificate of insurance

The Insurance Authority (IA) has imposed a 4.5-year ban on Mr. Ma Chun Kei, a [...]

Enforcement collaboration between IA and HKMA – Insurance Authority suspends Cheung Tak On for two months and orders a fine of $2,900 for misappropriating gift vouchers

The Insurance Authority (IA) and the Hong Kong Monetary Authority (HKMA) have taken disciplinary action [...]

SFC Warns Public of Suspicious Investment Products Offered by Eternity Prime Limited

The Securities and Futures Commission (SFC) has issued a warning to the public about “Eternity.inc [...]

SFC Cautions Public Against Impersonators of Senior SFC Executives

The Securities and Futures Commission (SFC) has warned the public against instant text messages from [...]

Circular on SFC-authorised Funds with Exposure to Virtual Assets

The Securities and Futures Commission (SFC) has issued a circular outlining requirements for SFC-authorised funds [...]