The Securities and Futures Commission (SFC) has banned Mr Daniel Chen Chi Lik, a former staff of Bank of China (Hong Kong) Limited (BOCHK), from re-entering the industry for life following his conviction for theft by the Eastern Magistrates’ Court in October 2016. The court found that Chen, who was then a bank manager at…
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ASIC has today released its latest report on market integrity for the period 1 July 2016 to 31 December 2016. The report covers ASIC's work helping to ensure Australia’s financial markets operate fairly and efficiently. Key outcomes during the six-month period include: 2 criminal actions 6 civil outcomes/ 2 enforceable undertakings bannings, disqualifications and licence…
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ASIC has banned Dr Bingxing Hu (Dr Hu), of Melbourne, Victoria, from providing financial services for five years. Dr Hu was a director of AFS Capital Securities Limited ACN 143 006 151 (AFS Capital) from 8 April 2010 until 18 April 2017. AFS Capital's primary business is to assist companies to list on the Australian…
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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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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Marks & Spencer Bond. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their…
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The European Securities and Markets Authority (ESMA) has established a Memorandum of Understanding (MoU) under the European Markets Infrastructure Regulation (EMIR) with Reserve Bank of New Zealand and Financial Markets Authority of New Zealand. The MoU establishes cooperation arrangements, including the exchange of information, regarding Central Counterparties (CCPs) which are established and authorised or recognised…
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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’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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The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) just warned that the companies: Blue Seal Limited and Blonde Bear Ou are not authorised to provide investment services and activities in Italy by any means and therefore, including through the websites www.cac400.com and www.mib700.com; Innovate…
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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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