SFC
Future of portfolio bonds is unclear
Hong Kongs insurance and securities industry regulators are reported to be considering whether to introduce new restrictions on the sale of open architecture investment products, including so-called personal portfolio bonds (PPBs), market sources there say.
RBS fined in second regulatory reprimand
The Royal Bank of Scotland (RBS) has been fined and received its second regulatory reprimand in less than one month after it was found guilty of misconduct in Hong Kong.
victoire asia gets regulatory ok to start hk ops
Victoire Asia Investments, a specialist fund management company, has received the permission from the Hong Kong’s Securities and Futures Commission to start its business in the country.
hk government starts consultation for open
The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
Hong Kong regulator waives fees
The Hong Kong capital market regulator has waived the annual licensing fees for another two years, and says it sees this move benefitting 39,000 intermediaries.