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Regulatory News


SFC suspends Shum Wai Nap for seven months for failures in managing a private fund
The Securities and Futures Commission (SFC) has suspended Mr Shum Wai Nap, former licensed representative of PICC Asset Management (Hong...
Jun 24, 2024


Three sophisticated ramp-and-dump cases transferred to District Court
The Eastern Magistrates’ Court today granted the applications made on behalf of the Secretary for Justice to transfer three large scale...
Jun 24, 2024


SFC bans Ha Po Kwan for 12 months
The Securities and Futures Commission (SFC) has banned Mr Ha Po Kwan, a former licensed representative of Primas Asset Management Limited...
Jun 24, 2024


Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities - Anti-Money Laundering / Counter-Financing of Terrorism
Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities Anti-Money Laundering /...
Jun 24, 2024


Circular to intermediaries - Severe weather trading
In view of the implementation1 of arrangements for maintaining normal operations of the Hong Kong securities and derivatives markets...
Jun 24, 2024


Circular to Management Companies of SFC-authorised Investment Products Listed on The Stock Exchange of Hong Kong Limited concerning Severe Weather Trading of Hong Kong Securities and Derivatives
This circular aims to remind management companies of SFC-authorised investment products listed on The Stock Exchange of Hong Kong Limited...
Jun 24, 2024


Circular issued by the Insurance Authority on action against non-compliant business models that incentivize unlicensed selling of long term insurance policies to Mainland China Visitors
Circular issued by the Insurance Authority (“IA”) on action against (and correction of) non-compliant business models that incentivize...
Jun 17, 2024


Insider dealing case against Segantii Capital Management and its chief investment officer transferred to District Court
The Eastern Magistrates’ Court today granted an application by the Department of Justice to transfer an insider dealing case brought by...
Jun 17, 2024


Hong Kong Customs detects case of non-registered precious metals and stones dealer carrying out specified transactions
Hong Kong Customs yesterday (May 28) detected a case which involved a local company that conducted diamond transactions with total value...
Jun 10, 2024
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