API Trading Company Limited
SFAT affirms SFC decision to fine RaffAello Capital Ltd for sponsor failures
| SFAT Decision
SFC, 25-Sep-2025
SFC, 25-Sep-2025
RaffAello Capital Ltd v SFC
SFAT, 11-Jun-2024
The firm is appealing the SFC's finding of due diligence failings in sponsoring an aborted listing application for handbag firm Paprika Holdings Ltd and a fine of HK$4m. This interlocutory ruling deals with admission of statements and expert witnesses. In Jul-2023, the SFC suspended ex-Responsible Officer Tsang Kwong Fai for 2 years.
SFAT, 11-Jun-2024
The firm is appealing the SFC's finding of due diligence failings in sponsoring an aborted listing application for handbag firm Paprika Holdings Ltd and a fine of HK$4m. This interlocutory ruling deals with admission of statements and expert witnesses. In Jul-2023, the SFC suspended ex-Responsible Officer Tsang Kwong Fai for 2 years.
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy