Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Merrill Lynch and fined it HK$3.5 million (US$451,259) for regulatory lapses by the bank in 2008. The SFC has found that Merrill Lynch failed to take adequate steps to properly handle the complaints of eleven clients. The clients were the subject of a fraud perpetrated by Joyce Hsu Ming Mei, a…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Subscriber Only Content

This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.

Login

Subscribe

Indispensable intelligence

Request for a free trial to Asian Private Banker today.

Need help? Please see our FAQ Guide or email [email protected]