30 Sept 2024
SECURITIES AND FUTURES COMMISSION v. AU YEUNG HO YIN
- Citation
- [2024] HKCFI 2573
- Court
- Court of First Instance
- Case number
- HCMP736/2019
On the agreed and admitted facts the Company’s affairs involved defalcation and misleading disclosure falling within s214(1)(b),(c) and (d); the respondent was partly responsible by failing to take reasonable steps to investigate or inform the Board and by permitting a false disclosure; mitigation (no dishonesty, concealment by Ding, cooperation and acceptance of liability) place the respondent in the minimum bracket and a 3‑year disqualification under s214(2)(d) is appropriate.