March 14, 2019 / 8:44 AM / 6 days ago

BRIEF-Hong Kong's SFC Fines UBS And Suspends Its Licence For One Year For Sponsor Failures

March 14 (Reuters) - HONG KONG’S SECURITIES AND FUTURES COMMISSION :

* SAYS IT FINES UBS HK$375 MILLION ($47.77 million) AND SUSPENDS ITS LICENCE FOR ONE YEAR FOR SPONSOR FAILURES Source text: bit.ly/2HkHS25 Further company coverage: ($1 = 7.8498 Hong Kong dollars) (Reporting by Hong Kong newsroom)

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