The Securities and Futures Commission (SFC) has reprimanded Fulbright Securities Limited (Fulbright) and fined it $3.6 million for internal control failures relating to short selling and for failing to report related short selling incidents to the SFC in a timely manner as required by the SFC’s Code of Conduct (Notes 1 & 2).

SFC - Securities and Futures Commission

Source

Published on Dec. 23th, 2020 Published on Dec. 23th, 2020

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Sept. 20th, 2021

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ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.