Web24 Nov 2024 · On 12 October 2024, a Hong Kong-licensed corporation was fined HK$1.75 million by the Securities and Futures Commission (SFC) for failure of compliance. The corporation failed to comply with EU regulation regarding short selling and certain aspects of credit default swaps, as well as promptly notifying the SFC of its regulatory breaches. WebThe SFC’s investigation found that between May 2024 and July 2024, Zhonghui International Futures Company Limited (ZIFC), a company licensed under the Securities and Futures …
SFC licensees per firm - Webb-site
Web2 May 2012 · New Anti-Money Laundering And Counter-Terrorist Financing Requirements For SFC Licensed Corporations Effective 1 April 2012. ... Company Registry Search. The CDD requirements for a corporate customer include: (i) confirming that the company is registered and has not been dissolved, wound up, suspended or struck off; (ii) independently ... Web13 Apr 2024 · SFC reprimands and fines Ninety One Hong Kong Limited $1.4 million for unlicensed futures trading 13 Apr Ninety One Hong Kong Limited (NOHK) has been fined $1.4 million by the Securities and Futures Commission (SFC) for executing futures trades without the required license. donald trump football helmet
SFC Consultation Paper on Proposed Licensing Regime for...
Weblicensed by the SFC and are not subject to any direct on-going regulatory supervision. As part of Hong Kong's asset management strategy to enhance the safe custody regime for … Web31 Jan 2024 · If you. Please submit. Are a corporation which is not currently licensed and would like to apply for a new licence. • Form 1. • Forms 5 and 6 (at least 2 responsible officers should be nominated) • Supplements 1, 2 (as appropriate) and 3. • Questionnaire 1. • Questionnaire 2 (if applicable) • Application fee. Web9 Feb 2024 · For any corporation that would like to be licensed for Type 9 regulated activity (asset management), the SFC generally expects such corporation to be able to exercise … donald trump financial woes