Mark Steward

Type: Person
Name: Mark Steward
First reported Jul 09 2014 - Updated Jul 10 2014 - 2 reports

Ping An securities unit fined in Hong Kong

The Chinese group’s Hong Kong securities unit has been reprimanded and fined close to $1 million for internal control failures.Hong Kong’s securities regulator has reprimanded Ping An of China Securities (Hong Kong) and fined it $6 million over serious ... [Published Asian Investor - Jul 10 2014]

Quotes

Mr Mark Steward, the SFC's Executive Director of Enforcement, said, "this was a case of serious internal control failures. ping an has reacted properly and, in doing so, has saved itself from a harsher outcome. this case should send a clear warning to the industry that cavalier attitudes have no place in our market."

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Ping An securities unit fined in Hong Kong [Published Asian Investor - Jul 10 2014]
SFC reprimands and fines Ping An of China Secur... [Published Hong Kong Securities and Futures Commission - Jul 09 2014]
SFC reprimands and fines Ping An of China Secur... [Published Noodls - Jul 09 2014]
SFC fines Ping An of China Securities (HK) $6 m... [Published Aastocks.com - Jul 09 2014]
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