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 Cautions Against Disguised Margin Financing
The Securities and Futures Commission (SFC), in the course of its ongoing supervision of licensed corporations (LCs), has observed that some LCs carrying on asset management activities may have aided and abetted unlicensed affiliates or…
SFC reprimands and fines HSBC Broking Securities (Asia)…
The Securities and Futures Commission (SFC) has reprimanded and fined HSBC Broking Securities (Asia) Limited (HSBCBS) $9.6 million for systemic deficiencies in its bond selling practices (Note 1). The SFC found that between April 2015…
ADS Securities Rebrands As ADSS
ADS Securities, an Abu Dhabi-based financial services company founded in 2011, has announced its rebranding in order to be known as ADSS from now on in order to reflect the firm's expansion into new markets and the…
SFC and FSRA sign Fintech cooperation agreement
[caption id="attachment_310167" align="alignleft" width="178"] Abu Dhabi Global Market, ADGM[/caption] The Securities and Futures Commission (SFC) has entered into a cooperation agreement with the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) to establish…
SFC signs MoU with BaFin on enhanced supervision…
The Securities and Futures Commission (SFC) has entered into a memorandum of understanding (MoU) with the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) providing for consultation, cooperation and exchange of information in connection with the supervision and…
SFC of Hong Kong reprimands and fines CN…
The Securities and Futures Commission (SFC) of Hong Kong has reprimanded CN Capital Management Limited (CN Capital) and fined it $1,000,000 for failing to maintain an effective compliance function and satisfactory internal controls concerning employee…