Caproasia.com | The leading source of data, research, information & resource for financial professionals, institutional investors, professional investors and private investors (UHNWs, & HNWs). Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?This site is for accredited investors, professional investors and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.
SFC Bans Former BNP Paribas Trader for 18 months
The Securities and Futures Commission (SFC) has banned former trader of BNP Paribas Hong Kong, Ms Abbie Yip Ka Ying, from re-entering the industry for 18 months for breach of the Code of Conduct. In 2015, she had made multiple attempts to conceal a foreign exchange trade execution error that resulted losses.
” former trader of BNP Paribas Hong Kong Banned for 18 months “
Abbie had made multiple attempts to conceal in-house foreign exchange spot trade execution error made by her on 24 June 2015, and suffering a loss of US$58,000 from the erroneous trade. She had request a trader to split the losses over 2 days, making it harder to other staff to detect the loss. She had also manually re-book the loss in the wrong portfolio and also failing to include the losses in daily report and to report the incident. She had also misled her supervisor when questioned.
The SFC decision was made with all relevant circumstances, including Yip’s multiple attempts to conceal the incident, her more than 12 years of experience in the industry at the time of her misconduct, and her otherwise clean disciplinary record. The case was referred to the SFC following an investigation by the Hong Kong Monetary Authority (HKMA).
Caproasia.com | The leading financial website for financial professionals, professional investors and HNW investors. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Quicklinks: Caproasia Access | TFC | Caproasia | Jobs
Join 14,000+ leading financial professionals and professional investors in Asia. Stay ahead of your peers & competition. Receive Caproasia newsletter here. Managing $20 million to $3 billion? Register here: Financial Professionals.Visit Access | Daily homepage for financial professionals & professional investors. Register: Professional Investors | CEOs & Entrepreneurs For press release, email to firstname.lastname@example.org For editorial, media kit, listing on TFC, events, seminars or research & data services, email to email@example.com
Caproasia.com is the leading financial media platform in Asia. Covering capital markets, investments and private wealth in Asia for 10,000 + elite users. Driving $25 trillion of assets in Asia. Our users are rainmakers, dealmakers, risk takers and game-changers. Each manage, advise and invest $20 million to $3 billion of assets in Asia.