BANK OF SINGAPORE LIMITED 新加坡銀行有限公司

For faking her academic credentials, claiming in applications from 2012 to 2019 that she had earned a BA in Business Administration from California State University in 1994.

The HKMA was originally going to ban him for 15 months, but then he appealed to the SFAT and then ducked a hearing by lying to them about undergoing quarantine after a business trip to the mainland - it wasn't a business trip and he wasn't in quarantine. The moral of the story is: when you are in a hole, stop digging. His offence was failing to disclose his brokerage accounts and dealings to his employer for 7 years.

Mr Pang withdraws his appeal against disciplinary action (a suspension of 15 months for not disclosing his brokerage accounts to his then employer, Standard Chartered) and is ordered to pay HK$460k in costs to the HKMA, all of which are fees for barrister Norman Nip.

The elderly couple win their case against the Bank (formerly ING Asia Private Bank) for accumulator losses. Damages will be assessed separately. The bank and the relationship manager, Yvetti Li Chau Kwan-siu, are heavily criticised in this judgment. In our view, the SFC should now take action against them.

The shares are ultimately owned by Chairman We Chunxian.