Elite Capital Solutions, which as recently as November described itself in its marketing as having offices in Dubai, Hong Kong, Singapore and Malaysia, has come apart from the Dubai entity that had been its head office, and is now basing itself in Hong Kong, where it is seeking to expand.
London-based asset management firm, Ecofin Limited, has launched a subsidiary company in Australia.
A court in Hong Kong has overturned a brokers conviction for market manipulation.
Hong Kong has moved closer to implementing a scheme that would compensate holders of insurance policies in the event that their insurer were to become insolvent.
Globaleye, the Dubai-headquartered advisory firm, has opened a new office in the Chinese megacity of Shanghai, and is closing its two-year-old Brazil operation.
The Hong Kong Monetary Authority (HKMA) has published a revised version of its rules covering the sale of investment products, which changes the way private banks and so-called authorised institutions acting in a similar capacity are bound to deal with their clients.
An overhaul of the mandatory provident fund scheme in Hong Kong, which will allow employees to choose which MPF provider they use, is being eagerly anticipated by advisers.
In what is being viewed as a challenge to the ambitions of Hong Kong, and possibly London, to become major players in the trading of renminbi, Shanghai yesterday threw its hat into the ring.
Offshore law firm Mourant Ozannes has opened an office in Hong Kong, its first in Asia.
A new set of guidelines on anti-money laundering and counter-terrorist financing has been published by the Securities and Futures Commission in Hong Kong.
HSBC has entered an agreement to dispose of its Thailand-based retail banking and wealth management arm, and expects the deal to be completed in the first half of 2012.
The Monetary Authority of Singapore has implemented a new regulatory framework and code of conduct for credit rating agencies (CRA).
