SFAT affirms SFC decision to fine RaffAello Capital Ltd for sponsor failures
SFC
SFC, 25-Sep-2025
机构
人物
RaffAello Capital Ltd v SFC
SFAT, 11-Jun-2024
The firm is appealing the SFC's finding of due diligence failings in sponsoring an aborted listing application for handbag firm Paprika Holdings Ltd and a fine of HK$4m. This interlocutory ruling deals with admission of statements and expert witnesses. In Jul-2023, the SFC suspended ex-Responsible Officer Tsang Kwong Fai for 2 years.
机构
人物
SFC bans Tsang Kwong Fai, ex-RO of RaffAello Capital Ltd, for 2 years over IPO sponsor failures
SFC
SFC, 11-Jul-2023
We note from the Securities and Futures Appeal Tribunal website that the firm is currently applying for a review of whatever the SFC has decided in the firm's case.