by cladmin | Aug 20, 2024 | Updates
On 19 and 20 August 2024, Hong Kong’s Securities and Futures Commission (HK SFC), Hong Kong’s Independent Commission Against Corruption (HK ICAC), and the Macao Judiciary Police initiated a coordinated operation codenamed “Demarcation” in response to suspected...
by Kenneth Ballon | Aug 16, 2024 | Updates
On 16 August, 2024, Hong Kong’s Securities and Futures Commission (SFC) issued a Consultation Paper proposing significant amendments to the Companies (Exemption of Companies and Prospectuses from Compliance with Provisions) Notice (Cap. 32L) to update Hong...
by Kenneth Ballon | Aug 7, 2024 | Updates
On 7 August 2024, Hong Kong’s Market Misconduct Tribunal (MMT) found Mr. Li Kwok Cheong and Mr. Li Han Chun, the former chairman and chief executive officer of China Forestry Holdings Company Limited, guilty for the disclosure of false or misleading...
by Kenneth Ballon | Aug 6, 2024 | Updates
On 6 August 2024, in a move against financial fraud, Mr. Cheng Ming, a suspected core member of a ramp-and-dump syndicate, was charged with conspiracy to defraud at Hong Kong’s Eastern Magistracy. This charge follows his arrest on 5 August 2024 in a coordinated joint...
by Kenneth Ballon | Jul 26, 2024 | Updates
On 26 July 2024, Hong Kong’s Securities and Futures Commission (HK SFC) and Hong Kong’s Insurance Authority (HK IA), to address suspected irregularities involving the investment portfolio of Tahoe Life Insurance Company Limited, announced the appointment of Joint and...
by Kenneth Ballon | Jul 22, 2024 | Updates
On 22 July 2024, the Hong Kong Court of First Instance sentenced Ms. Sit Yi Ki and Mr. Tam Cheuk Hang to six years and eight months in prison, and Ms. Lam Wing Ki to four years and four months, following their conviction in a jury trial for conspiracy to carry out...
