The Hong Kong Securities and Futures Commission (SFC) has fined Bank of East Asia HK$4.2 million for regulatory breaches. The Hong Kong regulator published an enforcement notice on Thursday regarding the fine against The Bank of East Asia, Limited (BEA). From 1 April 2003 to 15 December 2016, the Hong Kong lender had failed to segregate its client securities from…
Hong Kong SFC fines BEA HK$4.2 million for regulatory breaches
