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Hong Kong's Securities And Futures Commission Reprimands And Fines CLSA Limited $9 Million Over Internal Control Failures

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The Securities and Futures Commission (SFC) has reprimanded and fined CLSA Limited (CLSA) $9 million after resolving concerns over CLSA’s internal control failures in relation to its client facilitation services and reporting obligation under the Code of Conduct (Notes 1 & 2). 

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