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HK Regulator Continues Crack Down On Miscreant Bankers With Another Ban
Chrissy Coleman
15 February 2013
Hong Kong’s Securities and Futures Commission has banned Kuo Shou Min, a former SinoPac Asset Management Asia employee from re-entering the industry for nine months from 6 February 2013 to 5 November 2013, SFC said in a statement released yesterday. Kuo was a licensed representative to carry on Type 4 and Type 9 regulated activities, however the SFC found that Kuo had failed to disclose the disciplinary action taken against him by the Securities and Futures Bureau of Taiwan in his licence application to the SFC. The SFB had suspended Kuo for three months in 2005 for breaching Taiwanese investment fund regulations.