The Hong Kong Securities and Futures Commission (SFC) has banned Mr He Zhi Hua, former chief executive officer of Ping An of China Securities (Hong Kong) Company Limited (Ping An), for 12 months from any regulated activities due to his role in contributing to serious internal control deficiencies and other matters at Ping An between […]

The instruction has been issued as a result of amendments made to the legislation surrounding the reporting of suspicion. The existing Handbooks are in the course of being reviewed and therefore to minimise the impact, and to avoid reprinting the full Handbook while the development continues, replacement pages of the Handbook for Financial Services Businesses […]

Dubious businessmen are moving their cash around with ease, as one of Britain’s leading fraud experts tells Jim Armitage While there are rare exceptions, shootings, kidnappings and physical intimidation of those from unstable countries are rare in the British capital. The Met may have its failings, but when compared to Ukraine, China or Mexico, the […]

The Financial Services Authority has told FTAdviser [http://www.ftadviser.com/2013/03/19/regulation/regulators/fsa-refuses-to-take-action-against-aggressive-employee-e91lvCey2FYnDf15hAB7eN/article.html] it has not taken – and will not be taking – disciplinary action against an employee who threatened staff at a firm with jail, despite the behaviour being found to be “unprofessional” and “aggressive” by the Complaints Commissioner.   Last week the FSA publicly apologised for the […]