SFC Reprimands and Fines HSBC HK$2.5 Million Over Regulatory Breaches

SFC Reprimands and Fines HSBC HK$2.5 Million Over Regulatory Breaches

Introduction

The Securities and Futures Commission (SFC) has taken disciplinary action against The Hongkong and Shanghai Banking Corporation Limited (HSBC) pursuant to section 196 of the Securities and Futures Ordinance (Cap. 571)(SFO). Read more…