SFC bans Lui Pak Tong for life, fines him $17.43 million

SFC Enforcement News (HK)

Filed March 24th, 2026

Detected March 24th, 2026

Summary

The Securities and Futures Commission (SFC) of Hong Kong has permanently banned Lui Pak Tong from the industry and imposed a fine of $17.43 million for misconduct. This action follows an enforcement investigation into his professional conduct.

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What changed

The Securities and Futures Commission (SFC) has issued a lifetime ban and a substantial fine of $17.43 million against Lui Pak Tong for serious misconduct. The specific details of the misconduct are not elaborated in this summary, but the severity of the penalty indicates a significant breach of regulatory standards within Hong Kong's financial markets.

This enforcement action serves as a strong deterrent to other market participants. Compliance officers should note the SFC's aggressive stance on misconduct and ensure that all relevant personnel are aware of and adhere to the stringent requirements governing financial services in Hong Kong. While no specific compliance deadline is mentioned for other entities, this serves as a clear signal to review internal controls and training programs to prevent similar violations.

What to do next

Review internal controls related to market misconduct
Ensure all personnel are aware of SFC enforcement actions and standards

Penalties

$17.43 million fine and lifetime ban from the industry

Source document (simplified)

Page: SFC Enforcement News (HK)
Change summary: The SFC has banned Lui Pak Tong for life and imposed a fine of $17.43 million due to misconduct. More details can be found in the enforcement news.
[INSERTS] SFC bans Lui Pak Tong for life and fines him $17.43 million for misconduct

Page context:
| Date | Company/Name | Action |
|------------|---------------------------------|---------------------------------------------------------------------------------------------|
| 24 Mar 2026| LUI Pak Tong | SFC bans Lui Pak Tong for life and fines him $17.43 million for misconduct |
| 20 Mar 2026| CHAN HOI SHING, LI Po Ching | Hearing fixed for first criminal prosecution in District Court against securities fraud involving illegal short selling under SFO |
| 19 Mar 2026| KUO Che-Jung | SFC bans Kuo Che-jung for four and a half years and fines him $1 million |
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| 5 Mar 2026 | ZHANG Wei | SFC obtains compensation and disqualification orders against former executive director of Coolpad Group Limited |
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| 10 Feb 2026| AU Shuk Yee Sue, DOUGLAS Gary Drew, HUI Quincy Kwong Hei, LIU Andrew, LO Kan Sun, PHILLIPS Scott Allen, QUE Agustin V., SUEN Yick Lun Philip, WHITELAM Peter Temple | SFC obtains compensation and disqualification orders against former directors of Arta TechFin Corporation Limited |
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