21 Oct 1998
NOMURA INTERNATIONAL (HONG KONG) LTD AND OTHERS v. SECURITIES AND FUTURES COMMISSION
- Citation
- NOMURA INTERNATIONAL (HONG KONG) LTD AND OTHERS v. SECURITIES AND FUTURES COMMISSION
- Court
- Court of Final Appeal
- Case number
- FAMV14/1998
The application for leave was dismissed because the applicants failed to demonstrate sufficiently concrete and compelling prejudice to justify restraining the SFC's statutory inquiry; courts should not delay or prohibit regulatory disciplinary procedures on nebulous grounds when statutory remedies and public interest in prompt enforcement exist.