Hong Kong regulator restricts asset manager
It had concerns about the firm’s fitness and propriety
It had concerns about the firm’s fitness and propriety
It has been expanding investment advisory capabilities in Asia
Need for products and services on digital devices is ‘greater than ever before’
Three-in-10 see ‘no perceived need’ to put a strategy in place
Prolonged political unrest, a recession and coronavirus are among the challenges facing the SAR
To avoid unnecessary contact and reduce risk of spreading the coronavirus
It has already been closed since 3 February 2020 over risk of spreading
It will be closed for the whole week to reduce the risk of spreading
It now places responsibility with intermediaries to put in place sound risk governance structures
Dozens of private bankers to join firm in Hong Kong and Singapore offices
SFC slaps asset managers with penalties for breaching regulations
Saying its only real competition is the ‘residential property market’