Credit Suisse said action by the Securities and Futures Commission would not affect its business activities. Photo: Reuters
Credit Suisse said action by the Securities and Futures Commission would not affect its business activities. Photo: Reuters

Hong Kong securities regulator fines Credit Suisse US$5 million over internal control failures

SFC says Credit Suisse (Hong Kong) and Credit Suisse Securities (Hong Kong) used client securities to settle proprietary transactions

Credit Suisse said action by the Securities and Futures Commission would not affect its business activities. Photo: Reuters
Credit Suisse said action by the Securities and Futures Commission would not affect its business activities. Photo: Reuters
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