On May 15, 2025, the Court of First Instance dismissed the appeal of Ms. Lai Ka Yi, who was convicted for engaging in unlicensed securities dealing. Lai had been sentenced to two weeks in prison and ordered to pay $98,000 in compensation to a victim after being found guilty of conducting business without the necessary license from the Securities and Futures Commission (SFC). The SFC emphasized the importance of verifying the licensing status of individuals and firms providing securities dealing services through its Public Register.
Resources: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=25PR69