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Credit Suisse slapped with fine in Hong Kong

Suzy Waite
A Securities and Futures Commission investigation found the Swiss bank failed to put internal controls in place to ensure all contracts were in compliance with position limits.
Credit Suisse slapped with fine in Hong Kong

Hong Kong’s securities regulator has fined Credit Suisse Securities (Hong Kong) HK$1.6 million ($206,077) for regulatory breaches and internal control failings relating to position limits.

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