Tag: Hong Kong SFC

sfc bans
January 05, 2017 BY Valentina Kirilova

SFC bans a former employee of Citibank (Hong Kong) Limited

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…

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sfc bans
December 29, 2016 BY Valentina Kirilova

SFC bans a former staff of HSBC Broking for life

The Securities and Futures Commission (SFC) has banned Mr Lam Yuk Wai, a former staff of HSBC Broking Securities (Asia) Limited, HSBC Broking Futures (Asia) Limited, HSBC Broking Futures (Hong Kong) Limited and HSBC Broking Forex (Asia) Limited (collectively, HSBC Broking), from re-entering the industry for life. The disciplinary action follows an SFC investigation which…

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sfc warning
December 28, 2016 BY Valentina Kirilova

Hong Kong SFC adds Sealand Trading Limited to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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sfc warning
December 23, 2016 BY Valentina Kirilova

Hong Kong SFC adds DFRF Enterprises LLC to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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Hong Kong SFC
December 23, 2016 BY Valentina Kirilova

SFC announces extension of Leveraged and Inverse Products' eligible indices

The Securities and Futures Commission (SFC) just announced that is extending the eligible indices of Leveraged and Inverse Products (L&I Products) listed in Hong Kong to include Hong Kong equity indices and other non-equity indices. Previously, L&I Product providers were limited to issuing products on non-Hong Kong, non-Mainland foreign equity indices. There are currently 12…

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sfc warning
December 21, 2016 BY Valentina Kirilova

Hong Kong SFC adds Aegis Corporation Ltd to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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sfc warning
December 19, 2016 BY Valentina Kirilova

Hong Kong SFC adds www.xsvg.com to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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