SFC
Hong Kong regulator restricts use of ‘independent’
Hong Kong will introduce a code of conduct that will restrict asset management intermediaries from being able to use the term “independent” if they receive benefits from other parties.
Hong Kong advisers says no to fee-based model
A majority of the industry responding to the SFC’s proposal on “enhancing industry regulation” were against introducing the fee-based model in Hong Kong.
Hong Kong and Dubai market watchdogs partner on fintech
Hong Kong and Dubai-based securities watchdogs have penned a cooperation agreement on fintech innovation.
FCA signs cooperation agreement with Hong Kong regulator
The UK Financial Conduct Authority (FCA) has signed an agreement with the regulatory authority in Hong Kong to strengthen cooperation and facilitate the exchange of information.
Hong Kong’s private wealth assets grow by 9%
Hong Kong’s private wealth management assets reached HK$5.2trn (£513.2bn, $665bn, €578.9bn) in 2016, growing by 9% and increasing their share of the overall fund management business in the territory, according to a report by the Securities and Futures Commission.