OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
SFC Commences Proceedings in Market Misconduct Tribunal Against…
The Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against CMBC Capital Holdings Limited (CMBC Capital) for failing to disclose inside information as soon as reasonably practicable. CMBC Capital…
Court Orders Boiler Room Fraudsters to Compensate Investors
The Court of First Instance has granted orders sought by the Securities and Futures Commission (SFC) against boiler room fraudsters to compensate investors who fell victim to the scams following legal proceedings under section 213…
FCA and SFC sign MoU on United Kingdom-Hong…
The Financial Conduct Authority (FCA) and the Securities and Futures Commission (SFC) have entered into a Memorandum of Understanding on Mutual Recognition of Funds (MoU), which will allow eligible Hong Kong public funds and United Kingdom…
SFC Announces Green Finance Strategic Framework
The Securities and Futures Commission (SFC) today announced its strategic framework to contribute to the development of green finance in Hong Kong (Note 1). A priority will be to enhance listed companies' consistent and comparable…
SFC Reprimands and Fines Huatai Financial Holdings (Hong…
The Securities and Futures Commission (SFC) has reprimanded and fined Huatai Financial Holdings (Hong Kong) Limited (Huatai Financial) $800,000 for failures relating to the short selling of Great Wall Motor Company Limited (Great Wall) shares…
SFC Welcomes Appointment of Chairman
The Securities and Futures Commission (SFC) welcomes the appointment by the Chief Executive of Mr Tim Lui Tim-leung as the Chairman of the SFC for a term of three years from 20 October 2018. Mr…
SFC Reprimands and Fines HPI Forex Limited $2…
The Securities and Futures Commission (SFC) has reprimanded and fined HPI Forex Limited (HPI) $2 million for mis-handling client money (Note 1). The SFC’s disciplinary action came after an admission by HPI that it had…
SFC Consultation Addresses Risks in Securities Margin Financing
The Securities and Futures Commission (SFC) today launched a two-month consultation on proposed guidelines to clarify, codify and standardise the risk management practices for securities margin financing (SMF). The proposed guidelines provide qualitative guidance as well as…