It emerged last week that a Hang Seng Bank employee has been banned from re-entering the securities industry for five months, for accepting and mishandling investment order and time deposit forms signed by clients but left blank.
Hung Sum-yee was engaged by the bank to deal in and advise on securities, and provide automated trading services.
An investigation found that Hung also engaged in joint securities trading activities with another colleague without disclosing it to her employer. Hung's conduct exposed her clients to unnecessary risks and misled her employer.
The Hong Kong Securities & Futures Commission issued the ban following a Monetary Authority probe into the incidents.
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