The Securities and Futures Commission (SFC) has banned Mr Cheung Kwan Po, a former employee of Citibank (Hong Kong) Limited, from re-entering the industry for six months from 5 January 2017 to 4 July 2017.
The SFC found that in August 2015, Cheung, when processing a client’s bond application, photocopied the client’s signature from her account opening documents and pasted the signature on her risk assessment form, and attempted to use the form to deceive Citibank into accepting the signature as genuine.
The SFC considers that Cheung is not fit and proper to be a regulated person due to his failure to perform his function as a relevant individual honestly and reliably.