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Hong Kong’s AUM grew 13% with 81% increase in fund inflows: SFC’s 2024 survey on asset and wealth management business
Hong Kong rode a new wave of growth as a pre-eminent international asset and wealth management hub, notching a robust year-on-year gain...
Jul 20, 20253 min read


SFC bans Tong Ho Yin for nine years and fines him $350,000
The Securities and Futures Commission (SFC) has prohibited Mr Tong Ho Yin, a former responsible officer (RO) of HF Asset Management...
Jul 20, 20252 min read


Market Misconduct Tribunal finds Dan Form’s former company secretary and her Mainland associate culpable of insider dealing
The Market Misconduct Tribunal (MMT) has found Ms Cynthia Chen Si Ying, the former company secretary of Asiasec Properties Limited...
Jul 20, 20253 min read


FCA fines Barclays £42 million for poor handling of financial crime risks
The FCA has fined Barclays Bank UK PLC and Barclays Bank PLC a total of £42 million for separate instances of failings in its financial...
Jul 20, 20253 min read


Hong Kong Customs detects case of non-registered precious metals and stones dealer carrying out specified transactions
Hong Kong Customs yesterday (July 16) detected a case involving a local company that conducted multiple transactions of silver jewellery,...
Jul 20, 20252 min read


First active ETF cross-listing in Hong Kong underscores the city’s status as premier asset and wealth management centre
The Securities and Futures Commission (SFC) welcomes the first cross-listing in Hong Kong of an actively managed exchange-traded fund...
Jul 13, 20251 min read


SFC convenes second Digital Asset Consultative Panel meeting
The Securities and Futures Commission (SFC) today convened the second meeting of the Digital Asset Consultative Panel (DACP) (Note 1)....
Jul 13, 20252 min read


FCA fines Monzo £21m for failings in financial crime controls
The FCA has fined Monzo Bank Ltd £21,091,300 for its inadequate anti-financial crime systems and controls between October 2018 and August...
Jul 13, 20252 min read


Insurance Authority disciplines two licensed broker companies for failure to keep client monies separately and procure adequate professional indemnity insurance respectively
The Insurance Authority (IA) issued a public reprimand on the Century Investment Planning Limited for failing to keep client monies...
Jul 13, 20251 min read
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