News Snapshot:
[Crypto currency] Hong Kong’s SFC Fines China Everbright Securities HK$3.8 Million The Securities and Futures Commission of Hong Kong (SFC) said on Thursday that it had reprimanded and fined China Everbright Securities (HK) Limited (CESL) HK$3.8 million for failures in complying with anti-money laundering and counter-terrorist financing regulatory requirements. According to the [press release](//apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=22PR37) , between January 2015 and February 2017, the SFC determined that CESL had not implemented adequate and effective systems and controls to guard against and mitigate the risk of money laundering and terrorist financing associated with third-party deposits. Based on the SFC’s investigation, which included a...
