Brief: Bank Of East Asia Notes SFC Enforcement Action Over Breaches Of Securities & Futures Rules
17/09/2020 10:37
Sept 17 (Reuters) - Bank of East Asia Ltd 0023.HK :
* NOTES SECURITIES AND FUTURES COMMISSION ENFORCEMENT ACTION
TAKEN
AGAINST CO OVER BREACHES OF SECURITIES AND FUTURES RULES
* BREACHES CONCERN HANDLING OF SECURITIES IN 2 EXTERNAL
CUSTODIAN
ACCOUNTS WHICH ENDED IN 2016 & DID NOT RESULT IN ANY CLIENT LOSS
* DOES NOT CONSIDER MATTER TO HAVE MATERIAL ADVERSE IMPACT
ON
BUSINESS AND/OR OPERATIONS OF BANK
Source text for Eikon: ID:nHKS8x1D4k
Further company coverage: 0023.HK
((Reuters.Briefs@thomsonreuters.com;))
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