• Thu
  • Sep 18, 2014
  • Updated: 1:12pm

Corporate Crime

Judge backs S.F.C. over Tiger Asia

In a landmark ruling, a Hong Kong court yesterday backed the securities watchdog's efforts to make US-based hedge fund Tiger Asia Management cough up the profit it made from alleged insider trading.

Friday, 24 February, 2012, 12:00am

Corrections & clarifications

In the Focus feature headlined 'China's other drug trade' on page A4 on December 27, John Clark, chief security officer and vice-president of global security for pharmaceutical firm Pfizer, was wrongly quoted as saying: 'Roche has also trained enforcement authorities to raise their awareness'. It should have been 'Pfizer has also trained ...'

30 Dec 2011 - 12:00am

SFC to tighten oversight of I.P.O. sponsors

Ashley Alder, the new chief executive of the Securities and Futures Commission (SFC), has pledged to tighten oversight of listing sponsors to enhance investor protection.

The British lawyer, who replaced Martin Wheatley as the SFC's head this month, said he would release proposals in the coming months.

29 Oct 2011 - 12:00am

Penalties debated for proposed flat offences

The steering committee studying proposed laws to regulate the sale of new flats should have its draft report ready by the end of August.

29 Jun 2011 - 12:00am

Judge delays hearing on Hontex refund

Shareholders in fabric maker Hontex International Holdings will need to wait at least a few more months before they can get their money back from the beleagured company.

High Court Judge Jonathan Harris yesterday decided to hold a hearing on July 22 to sort out how and when the court should intervene in cases related to corporate misconduct and compensation for investors.

16 Jun 2011 - 12:00am

Internet users set up site to report bribery

The mainland public's lack of confidence in the authorities' inefficient anti-graft system has led internet users to set up their own grass-roots online platforms for reporting bribery.

14 Jun 2011 - 12:00am

A small victory for public's right to share information

Dismayed by the Beijing municipal government's introduction of a car plate lottery in December, to tackle traffic woes, 25-year-old law firm assistant Ye Xiaojing requested information from three municipal government agencies about government-owned cars so the public could track pledges to curb their use.

Can you tell me briefly what you've done to get the information?

1 May 2011 - 12:00am

Deutsche Bank executives linked to fraud probe

Two senior executives from international banking giant Deutsche Bank were among 11 people arrested by the ICAC in an investigation into alleged bribery and fraudulent derivative warrant trading involving tens of millions of dollars.

The arrests took place after the Independent Commission Against Corruption launched Operation Leap Over on Tuesday.

15 Apr 2011 - 12:00am

Subaye's shares plunge on resignation

Shares of Subaye, a Nasdaq-listed mainland cloud-computing company, plunged 6 per cent after it announced that PricewaterhouseCoopers Hong Kong had resigned as its independent registered public accounting firm.

9 Apr 2011 - 12:00am

Aim is to develop special role for HK

Au King-chi, Permanent Secretary for Financial Services and the Treasury, will address the HKIB's second annual banking conference on Hong Kong's role as China's global financial centre and on shaping government policies for the new financial agenda. Here, she comments on some of the key issues:

18 Sep 2010 - 12:00am