Tag: Hong Kong Securities and Futures Commission (SFC)
Banks should revisit frontline selling processes to ensure compliance with suitability requirements, advises law firm
SFC’s “managers in charge regime” to impact private banks without international branches, says law firm
Hong Kong watchdog proposes to standardise rules for professional investors to “enhance market transparency”
SFC’s incoming client suitability clause: the impact on mis-selling claims and on RM selling processes
Hong Kong’s trailer fee disclosure rules could trigger price war
SFC slaps Value Partners with HK$4 million fine
SFC and SEC enhance cross-border scrutiny
SFC identifies “core functions” for senior management
Experts predict impact of SFC’s suitability clause on PBs
SFC, FINMA agree to funds recognition channel
SFC deems retrocessions ban inappropriate
SFC’s Alder looks to expand funds distribution channels
Clause for concern: SFC’s new requirement spells end for RM “papering practices”
SFC bans former HSBC banker from entering the industry
HKMA and SFC: sending mixed messages?
SFC reveals it is investigating multiple institutions for inadequate AML controls
Beef up suitability obligations as a “defence for future mis-selling claims”, says law firm
SFC bans two former HSBC advisors for life
SFC fines BNP Paribas Wealth Management US$515,000 for overcharging clients
SFC names new executive director of investment products
Better quality of advice and greater frequency needed for active advisory takeoff
Hong Kong’s private wealth management business grows 4.3%
SFC bans former Wing Lung banker for life
Three questions that plague private bankers
Singapore and UK enter fintech partnership
HSBC Private Bank appeals hefty HK$605m fine over alleged Lehman-linked misconduct
In the eye of the storm
SFC names new enforcement head
New regulation redefining HNW investors to hit private banks, HNW intermediaries
Misselling complaints rise over RMB-linked accumulator sales
Misselling complaints rise over RMB-linked accumulator sales
Sizeable number of bankers reject at least 1 in 3 potential clients
SFC establishes fintech channel
SFC bans ex-BEA RM for eight months
RM fined and reprimanded for breaching Code of Conduct
Nine more southbound MRF funds greenlit before new year
Suitability takes on extra legal obligation
Low MRF approval rate aims at higher chance of success
SFC stands firm following client agreement consultation
Dark pool operators under scrutiny in Hong Kong: will it impact private banks?
Crow’s Nest: Asian selection handcuffed
Nippon Wealth gets full securities trading license, targets “broader client base”
Hong Kong’s EAM association launches
EFG eyes launch of new active advisory offering in Asia
SFC names interim enforcement head
Fintech match-up: Hong Kong vs Singapore
