SFC fines Standard Chartered Secs HK$59.7m for sponsor failures

For the 2009 IPO of China Forestry (now delisted), which it jointly sponsored with UBS. Together they win our “can’t see the wood OR the trees” award for epic due diligence. Notably no human at SCS is named as responsible.
Source: SFC | Source date: 14-Mar-2019 16:46

More: https://ift.tt/2F4XyD7

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