The Securities and Futures Commission (SFC) has issued a reprimand to Christfund Securities Ltd (CSL), Christfund Futures Ltd (CFL) (collectively referred to as Christfund) and their respective responsible officers, and fined them a total of HK$2.5m (US$321,000) for internal control deficiencies in handling mainland clients’ accounts, said the commission in a statement. CSL and CFL were fined HK$1.2m and HK$700,000…
SFC fines Christfund for control deficiencies in mainland accounts
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