Hong Kong ETF hub risks being left behind, says council
Hong Kong’s advisory body for developing financial services said action must be taken to stop the city from being overtaken by other jurisdictions as a centre for exchange-traded funds.
Hong Kong’s advisory body for developing financial services said action must be taken to stop the city from being overtaken by other jurisdictions as a centre for exchange-traded funds.
A group of expats who invested in failed LM Investment Management funds have secured support from the British Embassy in Thailand.
Swiss-based insurer Zurich has moved to strengthen its business in Hong Kong with an agreement to buy Kono Insurance, an authorized general business insurer.
As China’s economy slows, fund houses are betting on growth opportunities in the emerging consumption and services economy.
Two Hong Kong-based insurance brokers face jail sentences for conning Zurich International Life of ILAS commissions totalling HK $600,000.
Thailand is to toughen up its supervision of financial intermediaries in a bid to prevent the exploitation of clients.
Only the Danish and Dutch pension systems achieved “A” grades, indicating first class and robust schemes that deliver good, sustainable benefits with a high level of integrity, according to global consulting firm Mercer.
The Dubai Financial Services Authority (DFSA) and the Financial Services Commission of Mauritius (FSC Mauritius) earlier this month entered into a memorandum of understanding (MoU) on capacity building, as well as other collaborations.
Unregulated financial firms in Hong Kong will now be included in the city’s budding resolution regime, which will give the regulators greater powers to minimise the impact failed institutions have on the local economy.
China has overtaken the US as the nation with the largest number of middle class adults in the world, according to a Credit Suisse report.
The Gibraltar Financial Services Commission has signed agreements with the two major regulatory authorities in Hong Kong to improve cooperation in supervising the activities of alternative investment funds (AIFs).
One of the world’s largest emerging markets investors, Mirae Asset Global Investments, explains why it is targeting wealth managers in Australia, Asia and the Middle East.