Hong Kong’s securities regulator bans a former CIC Investor Services manager for two years, ruling that acting without client knowledge is dishonest.
Tag : cic investor services
From private banking to direct sales, distributors are looking for ways to diversify as compliance rules undermine the profitability of the mass retail segment.
The French firm did not comply with regulations on treating clients as professional investors nor keeping adequate records of investment advice to customers between 2004 and 2010.
