There’s a new sheriff in town and he’s not afraid to take action. Thomas Atkinson, the new enforcer at Hong Kong’s securities regulator, has got off to a rapid start, imposing a series of fines and working as quickly as possible to get through the regulator’s bloated backlog of cases.
Since his appointment on May 3 to the Securities and Futures Commission SFC for a three-year term, Atkinson has been hard at work.
UBS revealed on Friday that the regulator was investigating its role as an IPO sponsor, a move that in the worst case scenario could lead to the Swiss bank losing its corporate finance licence...
¬ Haymarket Media Limited. All rights reserved.
