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HSBC Global Asset Management (Hong Kong) Limited Public Disciplinary Actions
HSBC Global Asset Management (Hong Kong) Limited
SFC Licensed
SFC ID:
AAF684
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Public Disciplinary Actions
SFC fines HSBC HK$3.5m for breaches over interest payments to managed funds
SFC, 07-Apr-2020
For 6 years from 2010-2016, in 53 funds, it did not pay a fair rate of interest on the cash deposited by the funds with the bank.
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