SFC
Allfunds receives Hong Kong licences
It has been expanding investment advisory capabilities in Asia
Hong Kong regulator raises concerns about illiquid assets
It now places responsibility with intermediaries to put in place sound risk governance structures
Hong Kong regulator fines Fidelity and Adamas
SFC slaps asset managers with penalties for breaching regulations
Swiss bank fined HK$400m for overcharging on fees
Some 5,000 client accounts in its Hong Kong wealth arm were affected
Hong Kong regulator fines HSBC $2.1m
Private banking arm failed to record over 5,800 client order instruction calls