The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Hong Kong SFC Issues Restriction Notices to 3 Brokers to Freeze Client Accounts in Suspected Misconduct & Breach of Duties for Listed Company FingerTango, 3 Brokerages Assisting are Emperor Securities, CS Wealth Securities & CMB International Securities
19th April 2023 | Hong Kong
Hong Kong Securities & Futures Commission (SFC) has issued restriction notices to 3 brokers to freeze client accounts in suspected misconduct and breach of duties for listed company FingerTango (Hong Kong). The 3 brokerages assisting in the restriction notices are Emperor Securities, CS Wealth Securities & CMB International Securities. Hong Kong SFC: “The SFC is not investigating Emperor, CS Wealth or CMB, all of which have cooperated with the SFC’s investigation. The restriction notices do not affect them or their other clients. The restriction notices prohibit the three brokers, without the SFC’s prior written consent, from disposing of or dealing with, assisting, counselling or procuring another person to dispose of or deal with certain assets in any way in those accounts. They are also required to notify the SFC if they receive any instructions regarding the prohibitions specified above. The SFC will soon commence civil proceedings under section 214 of the SFO in the Court of First Instance against the current or former management team of FingerTango Inc and the three individuals will be named as respondents in the same legal proceedings. The SFC will also seek court orders against the three individuals to pay compensation to FingerTango Inc.” See below for full statement.
“ Hong Kong SFC Issues Restriction Notices to 3 Brokers to Freeze Client Accounts in Suspected Misconduct & Breach of Duties for Listed Company FingerTango “
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
Hong Kong SFC Issues Restriction Notices to 3 Brokers to Freeze Client Accounts in Suspected Misconduct & Breach of Duties for Listed Company FingerTango
SFC issues restriction notices to three brokers to freeze accounts of clients involved in suspected corporate misconduct
17th April 2023 – The Securities and Futures Commission (SFC) has issued restriction notices to Emperor Securities Limited (Emperor), CS Wealth Securities Limited (CS Wealth) and CMB International Securities Limited (CMB), prohibiting them from dealing with or processing certain assets held in their client accounts which are beneficially owned by three individuals who are suspected of committing misconduct and breaching their duties towards FingerTango Inc. (Notes 1 to 3).
The SFC is not investigating Emperor, CS Wealth or CMB, all of which have cooperated with the SFC’s investigation. The restriction notices do not affect them or their other clients.
The restriction notices prohibit the three brokers, without the SFC’s prior written consent, from disposing of or dealing with, assisting, counselling or procuring another person to dispose of or deal with certain assets in any way in those accounts. They are also required to notify the SFC if they receive any instructions regarding the prohibitions specified above.
The SFC will soon commence civil proceedings under section 214 of the SFO in the Court of First Instance against the current or former management team of FingerTango Inc and the three individuals will be named as respondents in the same legal proceedings. The SFC will also seek court orders against the three individuals to pay compensation to FingerTango Inc.
The SFC considers that the issue of the restriction notices, which preserves the assets in those accounts, is desirable in the interest of the investing public or in the public interest.
Notes:
- The SFC issued the restriction notices under sections 204 and 205 of the Securities and Futures Ordinance (SFO).
- FingerTango Inc. is listed on the Main Board of the Stock Exchange of Hong Kong Limited.
- Emperor, CS Wealth and CMB are corporations licensed under the SFO to carry on Type 1 and/or Type 4 regulated activities.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, 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?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014
