Third of Australian financial planners to be wiped from sector
New laws and education requirements could see thousands of professionals out of the industry
Asia
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HK court orders boiler room fraudsters to reimburse investors
Some 14 investors fell victim to scams by three unlicensed financial services firms
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E Fund makes latest product push in Hong Kong
The Securities and Futures Commission approved 10 mutual fund products in December for retail sale
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Malaysia seeks $7.5bn in 1MDB reparations from Goldman Sachs
Prosecutors filed charges against the US bank in connection with its role in the wealth fund
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CICC unveils fixed income ETF in Hong Kong
This is the firm’s third exchange-traded fund product to be listed in the country
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HSBC Malaysia receives approval to sell stake in life arm
The bank to divest its 49% share to focus on banking in the region
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Dolfin’s ‘hybrid’ business model eases regulatory struggles
The head of wealth management thinks his firm has solved issues for its relationship managers
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Value Partners gets approval for China fund operation
The vehicle is the firm’s first offering under the Mutual Recognition of Funds scheme
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Financial adviser charged with 20 dishonesty offences
The Australian regulator has also permanently banned an adviser from providing financial services
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Most future UK expats failing to take financial advice
Old Mutual International surveyed 2,000 citizens on their financial planning affairs
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Australian ethics authority unveils examination review
It welcomes feedback on the final phase of development of its ‘Relevant Provider Examination standard’
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PEOPLE MOVES: Guardian Wealth Management, Banque Havilland, Syz AM
Middle East departure at Guardian Wealth and chief executive changes at Banque Havilland and Syz