Zhitong Finance App learned that the Hong Kong Securities Regulatory Commission issued a notice condemning Chia Tai International Financial Holdings Limited (Chia Tai) and fined HK$7 million for not complying with anti-money laundering and terrorist financing regulations and other regulatory requirements from December 1, 2021 to September 30, 2023 (relevant period). The Hong Kong Securities Regulatory Commission also temporarily suspended the license of Chia Tai's responsible officer, Chung Ho (male), for a period of seven months, from September 28, 2026 to April 27, 2027.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.