SFC eyes tougher regulations for virtual asset trading platforms
In a bid to make sure investors are ‘adequately protected and key risks are effectively managed’
SFC
-
-
PEOPLE MOVES: Curtis Banks, GSB, SFC
Sipp provider names interim CEO, while UAE advice firm makes c-suite change
-
PEOPLE MOVES: RBC, SFC, Indosuez WM
Bank names chief executive of wealth management international, as Hong Kong regulator replaces outgoing CEO Ashley Alder
-
Swiss-Asia AM fined HK$3m for regulatory breaches
It failed to monitor record keeping and trading activities in discretionary accounts
-
RBC fined HK$7.7m for mishandling client assets
There is no evidence of losses for customers
-
Hong Kong regulator issues warning to investors about NFTs
Firms reminded about licensing rules when marketing the asset as part of a collective investment scheme
-
Pyramid and Ponzi scheme fraudsters ordered to pay victims
They will hand back HK$2.8m
-
Martin Gilbert-backed firm forays into Hong Kong
To expand offering to Apac high net worth investors and family offices
-
Hong Kong regulator bans ex-BNP Paribas WM employee
After he ‘operated a client account discretionarily without obtaining written authorisation’
-
Hong Kong relationship manager banned for 10 years
After ‘misrepresenting’ her academic qualifications to former employers Julius Baer and Bank of Singapore
-
Strong demand in Hong Kong for structured products
Equity-linked vehicles and collective investment schemes were the two biggest sellers in 2020
-
PEOPLE MOVES: HSBC AM, Deutsche Bank WM, Aegon AM
Asset manager names global fixed income CIO, as bank hires group head of south-east Asia