Hong Kong
hong kong regulator fines deutsche securities
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Deutsche Securities Asia and fined it HK$2.5m ($322,600, 244,700) for regulatory breaches and internal control failings relating to position limit failures.
hk trust laws reforms edge closer as govt
Hong Kong’s government has published the conclusions of a three-month consultation carried out earlier in the year to gauge industry views on plans to reform and modernise the special administrative region’s trust laws.
hk based intermediary fined 1 6m over lehman
The Hong Kong branch of a Taiwanese intermediary company has been fined US$1.6m (S$2m, 1.3m) over the sale of Lehman Brothers-backed structured products in 2008.
hk in second consultation on independent
Hong Kong’s Government has launched its second consultation on measures it plans to take to establish an independent insurance authority, or IIA.
hk financial services sec wants lower mpf fees
Hong Kong’s Secretary for Financial Services and the Treasury Ceajer Chan Ka-keung has called on the mandatory provident fund scheme providers to cut fees further.