THE LAW DEBENTURE CORPORATION (H.K.) LIMITED (TC002897)

The Licensee has contravened:

1. Section 53U(1) of Part 5A of the AMLO, namely, a person has become a director of the Licensee without prior written approval of the Registrar.

2. Section 53W(1) of Part 5A of the AMLO, namely, the Licensee has failed to notify the Registrar of changes in its particulars within 1 month beginning on the date on which the changes take place.

Imposition of a pecuniary penalty of HK$33,000 (Decision Date: 17 June 2022)

Statement of Disciplinary Action