Hong Kong Convicts 5 In 1st Insider Trading Trial

Law360, New York (March 12, 2009, 12:00 AM EDT) -- A former banker at investment firm BNP Paribas and four others were found guilty in Hong Kong’s first-ever insider trading criminal trial, a finding the city’s securities regulator has called a “landmark decision.”

Ma Hon Yeung, a former vice president at BNP Paribas Peregrine Capital Ltd., was convicted of 12 counts of insider dealing in a district court, Hong Kong’s Securities and Futures Commission said Wednesday.

Ma’s girlfriend, Ivy Lo Yuk Wah, and three of Ma’s relatives were also found guilty on the same charge, according...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.