Jardine Fleming Restructures Hong Kong Compliance Group


JARDINE Fleming, the Hong Kong-based investment fund manager, is to restructure its compliance operations and trading procedures in the wake of last month's "rogue trader" scandal, which cost the company some £13 million.

Officials at Jardine Fleming say they are co-operating with regulators from the UK's Investment Management Regulatory Organisation (Imro) and its Hong Kong counterpart, the Securities and Futures Commission (SFC).

The fund has appointed Mark White as chief operating officer of

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