The Securities and Futures Commission ("SFC") has banned Andy Lau Ka Ho for life for serious misconduct. Lau, who worked for Sun Hung Kai entities, is accused of unauthorized trades, fake trading instructions, forged account statements, and deceptive practices over five years. The SFC considers his actions dishonest and egregious.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On February 26, 2026, the Securities and Futures Commission ("SFC") imposed a lifetime ban on Mr. Andy Lau Ka Ho from re-entering the financial industry for gross misconduct.
The SFC's disciplinary action resulted from an investigation triggered by a self-report from the SHK Entities (Sun Hung Kai Investment Services Limited, Sun Hung Kai Commodities Limited, and SHK Fund Management Limited).
Between September 2014 and May 2019, Mr. Lau, then an account executive at SHKIS, engaged in unauthorized trades, conducted online trading without client knowledge, sent fabricated trading instructions, and provided forged account statements.
Additionally, Mr. Lau falsely claimed a 3.94% annual interest rate for a $59 million deposit, leading to forfeiture of client cash withdrawals and provision of fraudulent certificates.
The SFC deemed these actions indicative of a pattern of deliberate deceit, constituting serious breaches of the Code of Conduct. Mr. Lau's misconduct persisted for over five years.
Considering the prolonged period of misconduct, the SFC imposed the lifetime ban. Mr. Lau was accredited to carry out regulated activities by various entities between 2014 and 2021, but is currently not licensed or registered.
A detailed statement of disciplinary action can be accessed on the SFC website.
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