SFC
Hong Kong insurance companies defy 2015 asset dip
Insurance companies in Hong Kong reported a 3.5% increase in assets under management to HK$468bn (£45.6bn, $60.3bn) during 2015, compared with a decrease of 1.6% for the jurisdiction’s combined fund management business.
Best Practice | 22 Jun 16
Intermediary misconduct tops HK regulator investigations
The Hong Kong Securities and Futures Commission (SFC) investigated 226 intermediaries for misconduct in 2015/16, up from 187 the previous year.
Schroders and State Street fined by Hong Kong regulator
Schroder Investment Management (Hong Kong) and State Street Global Advisors have been fined by Hong Kong’s Securities and Futures Commission (SFC) for two separate regulatory breaches.
Best Practice | 14 Jun 16
PEOPLE MOVES: Schroders, Deutsche Bank, Old Mutual Wealth
Schroders has announced a host of senior moves in Asia Pacific, with Deutsche Bank reporting a high-level departure in the region. Old Mutual Wealth has named the head of its Financial Adviser School, while the firm’s Global Investors division is losing its absolute return manager following a difference of opinion.
Hong Kong regulator signs MoU with US counterpart
Hong Kong’s Securities and Futures Commission (SFC) has signed an agreement with the Financial Industry Regulatory Authority (FINRA) of the United States regarding the supervision and oversight of regulated entities operating cross border between the two jurisdictions.