Page 56 - 期貨和衍生品行業監管動態（2024年6月刊）
P. 56
期貨和衍生品行業監管動態
Anita Fung Yee Maria in British Columbia, Canada (2024/6/5)
The Securities and Futures Commission (SFC) has obtained preservation orders
against Ms Leung Anita Fung Yee Maria, former chief executive officer and executive
director of SMI Culture & Travel Group Holdings Limited (SMI Culture & Travel
Group), with the assistance of the British Columbia Securities Commission (BCSC)
of Canada. The preservations orders restrain Leung and certain banks where she holds
accounts from disposing of and transmitting assets and properties she holds in British
Columbia, Canada.
On 17 May 2024, the BCSC issued the preservation orders at the request of the
SFC made pursuant to the International Organization of Securities Commissions
Enhanced Multilateral Memorandum of Understanding Concerning Consultation and
Cooperation and the Exchange of Information (IOSCO EMMoU). Both the SFC and
the BCSC are signatories to the IOSCO EMMoU. The preservation orders against
Leung will remain in effect until the BCSC issues a further order to vary or revoke
them.
This came after the SFC obtained an interim injunction order at the Court of First
Instance of Hong Kong on 6 May 2024 against Leung. The injunction order prohibits
her from, among other things, disposing of or diminishing the value of any of her
assets, whether within or outside Hong Kong, up to the value of $235,363,373 (Note
3). The injunction order will remain in place until the final determination of the
proceedings against Leung in Hong Kong.
The SFC’s Executive Director of Enforcement, Mr Christopher Wilson, said:
“The IOSCO multilateral enforcement cooperation framework provides a potent
mechanism for regulators to cooperate to prevent evasion of legal liability. In this case,
the preservation orders amply demonstrate the importance of close cooperation among
regulators to safeguarding the integrity of markets, protecting investors and
combating misconduct and fraud in today’s interconnected global financial markets.”
42
