The Hong Kong Securities and Futures Commission condemns the violation of the futures regulatory provisions by the public and imposes a fine of HK$3.4 million.
According to the Caijing Finance APP, Invast Futures Limited (now renamed as Yu Cheng Global Futures Limited, abbreviated as Yu Cheng Global) was fined HK$3.4 million by the Hong Kong Securities and Futures Commission for violating anti-money laundering and terrorist financing regulations and other regulatory requirements from June 2017 to December 2018.
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