Hong Kong SFC bans former staff of Bank of China Limited for life

Hong Kong SFC

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 a branch of BOCHK, had stolen a total of $40,000 from a teller cash box assigned to him on several occasions in September 2016.

The SFC considers that Chen is not a fit and proper person to be licensed or registered to carry on regulated activities as a result of his criminal conviction.

This case was referred to the SFC by the Hong Kong Monetary Authority.

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