Hong Kong's Securities And Futures Commission Bans Ko Shu Chuan For Six Years

The Securities and Futures Commission (SFC) has banned Ms Ko Shu Chuan from re-entering the industry for six years from 15 October 2015 to 14 October 2021.

The disciplinary action follows an SFC investigation which found that Ko, a former vice president of DBS Bank (Hong Kong) Limited (DBSHK), fabricated a Bachelor of Economics degree certificate purportedly issued by Tamkang University in Taiwan. Ko made false representations about her academic qualifications and provided a fake degree certificate to DBSHK for the purpose of obtaining employment in 2012 (Note 1).

Ko was subsequently dismissed by DBSHK after admitting that the degree certificate was fake and that she fabricated it using her sister’s certificate.

The SFC considers Ko’s conduct to be plainly dishonest and it casts serious doubts on her competency, character and reliability as a licensed person.

The SFC has reported Ko’s conduct to the Police.

Note:

Ko was registered as a relevant individual of DBSHK between 31 May 2012 and 27 September 2012 to carry on Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities. Ko is currently not licensed by the SFC or registered with the Hong Kong Monetary Authority.