The Securities and Futures Commission (SFC) has banned Mr Paul Wan Kai Leung, former responsible officer, manager-in-charge, and director of Nerico Brothers Limited (NBL), from re-entering the industry for life (Note 1). The disciplinary action is related to the SFC’s earlier sanctions against NBL and its director, Jerff Lee Cheuk Fung, for misuse of client assets, facilitation of the misappropriation of client assets, and provision of false or misleading information to the SFC (Note 2).
Interpol
SAN SALVADOR, El Salvador – A coordinated police operation targeting illicit firearms trafficking and associated criminal activities has resulted in the seizure of 3,308 firearms and 56 tonnes of illegal drugs. Operation Orca XI (15 October 2025 – 30 November 2025) was conducted across 20 countries in Central America, South America, and the Caribbean, with coordination and support from INTERPOL. In preparation for the operation, INTERPOL assisted participating countries in analyzing firearms trafficking intelligence, developing national threat assessments and coordinating cross-border information exchange, with support from the Organization of American States (OAS) to facilitate regional collaboration.
