Financial Crime Financial Crime

Hong Kong SFC director says jail is better than fines when it comes to deterrence

By Ben Lucas
  • 03 Nov 2020 03:08
  • 03 Nov 2020 03:12
Sending executives to jail for market misconduct is a much stronger deterrent than handing out fines, a senior director of enforcement at Hong Kong’s securities regulator said today.
Michael Duignan, senior director of the enforcement division at the Hong Kong Securities and Futures Commission, when asked about the increasing number

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