SFC
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
Alternatives | 7 Jun 22
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