SFC fines Bank of East Asia (0023) HK$4.2m for mixing client securities with its own | Statement of Disciplinary Action
SFC, 17-Sep-2020
This practice went on for 13 years before an inspection by the HK Monetary Authority picked it up! By the way, the HK custodian is "Hong Kong Securities Clearing Company Limited", not CCASS, which it operates.

• Orgs
  • BANK OF EAST ASIA, LIMITED (THE)
  • SUMITOMO MITSUI BANKING CORPORATION

Stop the Scripless U-turn
Investors were in the dark for 4 years about plans to tear up a model that was first recommended by the Hay Davison Report in 1988, has worked in Australia since 1999, and was legislated in HK in 2015 but never actioned. Our extensive discussions with SFC and HKEX reveal no legitimate issues. We urge legislators to reject this U-turn and the SFC to proceed with the legislated model. The stench of vested interests is overpowering. (30-Apr-2019)

• Orgs
  • HKSAR Securities Review Committee (1987 crash)
  • HKSCC NOMINEES LIMITED
  • HONG KONG EXCHANGES AND CLEARING LIMITED
  • SECURITIES AND FUTURES COMMISSION
  • STOCK EXCHANGE OF HONG KONG LIMITED (THE)
• People
  • Davison, Ian Frederic Hay 戴維森
• Topics
  • Scripless securities

HKEx cuts hit corporate governance of whole market
A circular slipped out by an HKEx subsidiary, HKSCC, will slash the effective voting window for general meetings, reducing the participation of institutional investors in important decisions such as acquisitions, connected transactions and dilutive share issues. We urge HKEx to rethink this deeply damaging move. (18-Apr-2016)

• Orgs
  • HONG KONG EXCHANGES AND CLEARING LIMITED
  • SECURITIES AND FUTURES COMMISSION
• Topics
  • Corporate governance - general

Circular regarding Tack Fat litigation against HKSCC Nominees Ltd
HK Securities Clearing Co Ltd, 6-Jul-2011

• Orgs
  • King International Investment Limited (KY)

Circular regarding Tack Fat litigation against HKSCC Nominees Ltd
HK Securities Clearing Co Ltd, 5-Jul-2011
With broken hyperlinks in Appendix 1 to key supporting documents. We have asked for these links and documents to be restored.

• Orgs
  • King International Investment Limited (KY)

HKEx screws up voting at Hang Lung Properties (0101) AGM | CCASS analysis
HKEX, 4-Nov-2010
HKSCC is owned by HKEx and operates the Central Clearing and Automated Settlement System (CCASS). Looking at the Webb-site CCASS Analysis, we can see that the 873.982m missing votes exactly matches the number of shares held by subsidiaries of Hang Lung Group Ltd (0010) in their Investor Participant accounts. Ironically, HKEx Chairman Ronald Arculli has been an INED of HLP for 30 years.

• Orgs
  • HANG LUNG PROPERTIES LIMITED
  • HKSCC NOMINEES LIMITED
  • HONG KONG EXCHANGES AND CLEARING LIMITED

Clear Talk issue 47 (final issue)
HK Securities Clearing Co Ltd, 30-Sep-2000

Clear Talk issue 46
HK Securities Clearing Co Ltd, 31-Jul-2000

Clear Talk issue 45
HK Securities Clearing Co Ltd, 31-May-2000

Clear Talk issue 44
HK Securities Clearing Co Ltd, 31-Mar-2000

Clear Talk issue 43
HK Securities Clearing Co Ltd, 31-Jan-2000

Clear Talk issue 42
HK Securities Clearing Co Ltd, 30-Nov-1999

Clear Talk issue 41
HK Securities Clearing Co Ltd, 30-Sep-1999

Clear Talk issue 40
HK Securities Clearing Co Ltd, 31-Jul-1999

Clear Talk issue 39
HK Securities Clearing Co Ltd, 31-May-1999

Clear Talk issue 38
HK Securities Clearing Co Ltd, 31-Mar-1999

Clear Talk issue 37
HK Securities Clearing Co Ltd, 31-Jan-1999

Clear Talk issue 36
HK Securities Clearing Co Ltd, 30-Nov-1998

Clear Talk issue 35
HK Securities Clearing Co Ltd, 30-Sep-1998

Clear Talk issue 34
HK Securities Clearing Co Ltd, 31-Jul-1998

Clear Talk issue 33
HK Securities Clearing Co Ltd, 31-May-1998

Clear Talk issue 32
HK Securities Clearing Co Ltd, 31-Mar-1998

Clear Talk issue 31
HK Securities Clearing Co Ltd, 31-Jan-1998

Clear Talk issue 30
HK Securities Clearing Co Ltd, 30-Nov-1997

Clear Talk issue 29
HK Securities Clearing Co Ltd, 30-Sep-1997

Clear Talk issue 28
HK Securities Clearing Co Ltd, 31-Jul-1997

Clear Talk issue 27
HK Securities Clearing Co Ltd, 31-May-1997

Clear Talk issue 26
HK Securities Clearing Co Ltd, 31-Mar-1997

Clear Talk issue 25
HK Securities Clearing Co Ltd, 31-Jan-1997

Clear Talk issue 24
HK Securities Clearing Co Ltd, 30-Nov-1996

Clear Talk issue 23
HK Securities Clearing Co Ltd, 30-Sep-1996

Clear Talk issue 22
HK Securities Clearing Co Ltd, 31-Jul-1996

Clear Talk issue 10
HK Securities Clearing Co Ltd, 28-Feb-1994
Note: we are missing issues 11 to 21. If you have them, please get in touch.

Clear Talk issue 9
HK Securities Clearing Co Ltd, 31-Dec-1993

Clear Talk issue 8
HK Securities Clearing Co Ltd, 31-Jul-1993
Note: we are missing issues 7, 6 and 1 to 4. If you have them, please get in touch.

Clear Talk issue 5
HK Securities Clearing Co Ltd, 30-Jun-1992