Sit, Lam and Tam already appeared in court. No plea was taken and the court bail for each of them…
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The US sanctions Hong Kong officials for undermining city’s autonomy
Many foreign banks reportedly started to preemptively refuse accounts of senior Hong Kong officials as early as the end of…
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Huobi Asset Management secures SFC licenses for securities advisory and asset management services
Elaine Sun, the Compliance Director of Huobi Tech commented: We are delighted to get licensed and it marks a good…
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Brilliance Capital Management to pay $30K fine for unlicensed activities
The court discovered that in January 2013 BCM presented itself as a finance services company and advised on listing application,…
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Former officer of Wonderful Wealth Group convicted and fined $20K for unlicensed activities
The SFC discovered that from July to September 2012, solicited two customers to invest in a WWGL-operated investment scheme with…
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Hong Kong regulator fines Potomac Capital Limited $800,000 for Financial Resources Rules violation
The exclusion of the aged fee receivables would have resulted in monthly liquid capital deficits ranging from $335,000 to $449,000…
Read MoreSFC fines Convoy Asset Management $6.4 million for regulatory breaches over bond recommendation
The SFC found that Convoy Asset Management failed to conduct proper and adequate due diligence on these bonds before making…
Read MoreMega International Commercial Bank fined $7 million for regulatory breaches
The company also failed to ensure that that the investment advice provided to its clients was suitable to their circumstances….
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Hong Kong SFC advises brokers to be cautious in trading crude oil futures and ETFs
Ashley Alder, the SFC’s Chief Executive Officer said: The crude oil market has recently experienced unprecedented volatility, which significantly increases…
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BOCOM International Securities to pay $19.6 million fine for internal control failures
The SFC found that third party deposits from 2009, 2011 and 2015, made in cheques and bank transfers, were not…
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