SFC
Hong Kong brokerage fined $4m over investment sales failures
The Asia arm of Okasan International has been fined $4m after failing to ensure investment products were suitable for clients.
Zurich launches ‘radically changed’ HK savings plan
Zurich International Life has become the latest company to launch a new regular premium savings product in Hong Kong, following the introduction of the GN15 regulations on 1 January this year.
Investment | 28 Oct 15
New Capital unveils four UCITS funds for Hong Kong investors
London-based investment house New Capital has launched four Dublin-domiciled UCITS funds to be sold to investors in Hong Kong.
Hong Kong plans to extend resolution powers to unregulated firms
Unregulated financial firms in Hong Kong will now be included in the city’s budding resolution regime, which will give the regulators greater powers to minimise the impact failed institutions have on the local economy.
SFC licence jump linked to rise in private bankers in HK
Advisers suspect the influx of applications for intermediary licences in Hong Kong is due to an increase in private bankers and asset managers in the region.