Hong Kong's Monetary Authority (HKMA) has suspended Leung Wai Yu from carrying out licensed activities after it found that she had mis-sold a structured note. The banking regulator discovered that, in March 2006, Leung, an employee of DBS Bank (Hong Kong), had failed to clearly explain risks and follow sales procedures while selling a client its Constellation Credit Linked Note. In determining the sanction, the regulator said it took into account all the circumstances of the case, including th
