Regulatory Alerts2016-09-30
Added · Updated
Guideline on Exercising Disciplinary Power to Order a Pecuniary Penalty under Section 203C(1) of the Securities and Futures Ordinance in respect of the OTC Derivatives Regime
The Hong Kong Monetary Authority issued this guideline to clarify the exercise of disciplinary power to order pecuniary penalties under Section 203C(1) of the Securities and Futures Ordinance for the OTC derivatives regime. The document establishes the framework and considerations for imposing financial penalties on authorized institutions for regulatory breaches within this specific sector. It serves as a reference for enforcement actions regarding OTC derivatives compliance and disciplinary measures.
CIR
Current
Issue Date:
30 Sep 2016
20160930-1-EN.pdf (192.6 KB)
Topic:
Banking Conduct & Enforcement - Enforcement/Discipline
OTC Derivatives - Others
Group:
All Authorized Institutions
Specific
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
GLI
Current
30 Sep 2016
Guideline on Exercising Disciplinary Power to Order a Pecuniary Penalty under Section 203C(1) of the Securities and Futures Ordinance in respect of the OTC Derivatives Regime
GLI
Current
30 Sep 2016
Guideline on Exercising Disciplinary Power to Order a Pecuniary Penalty under Section 203C(1) of the Securities and Futures Ordinance in respect of the OTC Derivatives Regime
Cross referenced Document
Version History
Superseded Document
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