Former BNP Paribas adviser banned from industry over unauthorised client trades

clock • 2 min read
Former BNP Paribas adviser banned from industry over unauthorised client trades

Hong Kong's Securities and Futures Commission (SFC) has banned former BNP Paribas adviser Kim Bum Suk from re-entering the industry for 27 months, from 29 March 2022 to 28 June 2024, over running a client account discretionarily without obtaining written authorisation. The disciplinary action came after an SFC investigation following a self-report from BNP and referral of findings from the Hong Kong Monetary Authority. Kim was a relevant individual engaged by BNP Paribas Wealth Manageme...

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