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Regulatory News


SFC withdraws Restriction Notice to broker over client’s suspected insider dealing after obtaining court order to freeze assets
The Securities and Futures Commission (SFC) has withdrawn the Restriction Notice prohibiting Bright Smart Securities International (H.K.)...
Nov 24, 2024


SFC commences MMT proceedings against Ding Yi Feng’s former chairman and others over suspected manipulation of Smartac International Holdings Limited shares
The Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Mr Sui Guangyi,...
Nov 17, 2024


District Court sets next hearing date for three sophisticated ramp-and-dump cases
Nineteen defendants of three large-scale ramp-and-dump cases appeared at the District Court today for suspected securities-related fraud...
Nov 17, 2024


SFC bans Jonathan Dominic Iu Wai Ching for 15 years
The Securities and Futures Commission (SFC) has prohibited Mr Jonathan Dominic Iu Wai Ching from re-entering the industry for 15 years...
Nov 10, 2024


SFC hosts forum to encourage responsible Regtech adoption for anti-money laundering and counter-financing of terrorism
The Securities and Futures Commission (SFC) concluded its forum to encourage the financial services sector to embrace regulatory...
Nov 10, 2024


SFC unveils first batch of brokers joining Wealth Management Connect Pilot Scheme
The Securities and Futures Commission (SFC) today announced 14 licensed corporations (LCs) are eligible to participate in the...
Nov 10, 2024


First immediate jail sentence for convicted unlicensed activity with a compensation order
The Eastern Magistrates’ Court today sentenced Ms Lai Ka Yi to two weeks’ imprisonment and ordered her to pay a sum of $98,000 as...
Nov 3, 2024


First court hearing on alleged share options fraud case
Mr Tsang Chung Yu, a former independent non-executive director of Metaverse Yunji Technology Group Company Limited (Metaverse Yunji) and...
Nov 3, 2024
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