SFC Investigations and Enforcement Proceedings

From the enforcement actions taken in 2018 and 2019, we can notice the SFC has adopted a new approach in tackling market misconduct. The SFC has shifted its priority to serious cases, calling for small-range but large-scale investigations, which often results in heavy penalties and sanctions being imposed on the lawbreakers.  While the “less-is-more” approach focuses on the bigger players, the “front-loaded” regulations allow the SFC to intervene licensed activities in an early stage to ensure compliance throughout the industry.

This course will guide you through the legal and procedural technicalities of SFC’s investigation and enforcement proceedings. Our speakers will go through the main areas of enforcement, including corporate fraud, insider dealing, market manipulation, as well as anti-money laundering.

Detailed Information

Highlights of the course include:

  • The SFC’s areas of focus and key themes and trends
    • Less is more?
    • Front-loaded regulation, “ICE”
    • Corporate fraud and sponsor misconduct
    • Market misconduct
    • Anti-money laundering
    • Cross-boundary enforcement
  • The SFC’s investigation and enforcement powers
    • Investigative powers and penalties for non-compliance
    • Disciplinary
    • Civil
    • Criminal
  • The “life-cycle” of an SFC investigation and follow-on disciplinary action
    • Direction to Investigate
    • S183 notices, interviews
    • Notice of Proposed Disciplinary Action
    • Decision Notice
    • Appeals
  • Key takeaways and practical tips

Registration Conditions

To view our registration conditions click here.