SFC Revokes License of IDS Forex HK, Bans Co-CEOs

Hong Kong’s Securities and Futures Commission (SFC) announced on Thursday the cancellation of the license granted to IDS Forex HK Limited for the company’s involvement in massive financial irregularities. Th...

More Brokerage Accounts Face SFC Scrutiny over P&D Scheme

Hong Kong’s Securities and Futures Commission (SFC) has issued further notices to local brokers, instructing them to freeze certain accounts as it suspects they were used for manipulating the shares of listed...

SFC Hong Kong Signs Fintech Cooperation Agreement with ISA

The Securities and Futures Commission of Hong Kong (SFC), announced today that the regulatory authority has signed an agreement with the Israeli Securities Authority (ISA) to cooperate on financial technology...

SFC Suspends Ex-UBS Advisor for 8 Months

The Hong Kong Securities and Futures Commission (SFC) has banned Masy Lo Mee Chi, a former client advisor of UBS AG Hong Kong Branch (UBS), for eight months, citing an incident of breaching client trust. The...

SFC Imposes Fines of $479 Million During 2019-20 Year

The Securities and Futures Commission (SFC) announced this Wednesday that it has published its Annual Report 2019-20, in which the regulator has provided a breakdown of market events and highlights as well as...

SFC Scrutinises Leveraged FX Trading in Hong Kong

This Thursday the Securities and Futures Commission (SFC) published a report on the leveraged foreign exchange trading (LFET) activities conducted by licensed corporations from the period between January 2018...