| 29.08.2008 Opalesque Exclusive: Hong Kong SFC takes new enforcement approach to encourage compliance, giving offenders a `second chance` |
| From Matthias Knab, Opalesque Europe: In its first financial quarter of 2008-09, the Securities and Futures Commission (SFC) adopted a new approach to enforcement, offeringintermediaries found in breach a chance to take up good compliance practices ahead of severe penalties, according to a SFC press release obtained by Opalesque. The SFC's Quarterly Report for April to June 2008-09 explains |
| Article source: http://www.sfc.hk/sfc/doc/EN/speeches/public/quartely/apr_jun_08.pdf - Opalesque is not responsible for the content of external internet sites |