Hong Kong regulator restricts asset manager
It had concerns about the firm’s fitness and propriety
SFC
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Allfunds receives Hong Kong licences
It has been expanding investment advisory capabilities in Asia
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Hong Kong regulator raises concerns about illiquid assets
It now places responsibility with intermediaries to put in place sound risk governance structures
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Hong Kong regulator fines Fidelity and Adamas
SFC slaps asset managers with penalties for breaching regulations
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Swiss bank fined HK$400m for overcharging on fees
Some 5,000 client accounts in its Hong Kong wealth arm were affected
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Hong Kong regulator fines HSBC $2.1m
Private banking arm failed to record over 5,800 client order instruction calls
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PEOPLE MOVES: Schroders PW, Pictet WM, AIA Malaysia
Advice joint venture poaches from Hargreaves Lansdown while wealth manager names CEO for Asia
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Hong Kong regulator bans former UBS director for life
He was previously convicted of accepting illegal commission payments
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Hong Kong regulator tightens client asset protection rules
Some intermediaries and authorised institutions were not complying with the code of conduct
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Hong Kong regulator bans ex-Goldman Sachs man for life
In connection ‘with his crimes’ relating to Malaysia’s beleaguered sovereign wealth fund 1MDB
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Hong Kong signs fund distribution agreement with Luxembourg
The MoU expands the Hong Kong regulator’s mutual recognition of funds network to five
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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