2022 HKEX and SFC Disciplinary and Enforcement Actions (January - April 2022)

On 27 February 2023, Julia Charlton presented a webinar on the HKEX and SFC Disciplinary & Enforcement Actions between January and April 2022. This webinar provided a brief introduction and overview of the trends of the disciplinary and enforcement actions of the HKEX and the SFC in the first four months of 2022, and considered various enforcement cases of the HKEX and the SFC with an aim to give you an understanding and awareness on the enforcement areas and breaches which were focused by the Stock Exchange and the SFC during the said period.

#HKEX #SFCDisciplinary #sfc

Timecodes:
00:00 Julia Charlton's welcome speech
00:32 Overview of enforcement trends - January to April 2022
02:44 SFC reprimands and fines Zhonghui International Futures Company Limited HK$5 million
06:12 SFC’s action against Tianhe Chemicals Group Limited and its executive director
09:53 SFC reprimands and fines Citigroup Markets Asia Limited HK$348.25 million for serious regulatory breaches over client facilitation activities
12:56 Stock Exchange’s Disciplinary Action against Beijing Media Corporation Limited
15:57 SFC reprimands and fines South China Commodities Limited HK$4.8 million for regulatory breaches
17:32 Court orders insider dealers to pay HK$12.9 million to investors in TeleEye shares
20:10 Stock Exchange’s Disciplinary Action Against Six Former Directors of National Investments Fund Limited
26:38 SFC Obtained Court Order to Disqualify Former Directors of DBA Telecommunications (Asia) Holdings Limited
30:30 SFC Reprimands and Fines Emperor Securities Limited and Emperor Futures Limited for Breaches of Anti-money Laundering Regulatory Requirements
34:27 SFC Publicly Censures Wonderful Sky Financial Group Holdings Limited and Liu Tianni and Publicly Criticises Liu Kiki Ching Tung for Breaching the SFC Code on Share Buy-backs
37:24 SFC Bans Kim Bum Suk for 27 Months
42:16 Stock Exchange’s Disciplinary Action against Hsin Chong and seven former Directors
48:28 Takeovers Executive's Public Criticism of Directors for Breach of the SFC Takeovers Code’s No Frustrating Action Rule 4
56:25 SFC Bans Mr. Poon Choi Yung, a licensed representative of China Tonghai Securities Limited for 20 Months for Trading without Client Authorisation under section 194 of the SFO

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Julia Charlton
https://www.charltonslaw.com/the-firm...

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