SFC
sfc to widen investment scope for reits
Hong Kong’s Securities and Futures Commission has begun a public consultation on plans to amend its real estate investment trust rules to create greater investment flexibility.
pacific sun advisors and director see acquittals
Hong Kongs Court of First Instance has overturned the acquittals of Pacific Sun Advisors and its director Andrew Mantel after the city’s financial watchdog successfully argued it was based on legal errors.
risk and risk mitigation high on executives
Senior executives of global systemically important financial institutions (G-SIFIs) have shown a high degree of awareness regarding the importance of improving risk governance and risk culture following the 2008 global financial crisis, according to a new report.
providers face six month cut off
From 1 January next year providers seeking regulatory approval to launch new products, including ILAS, in Hong Kong will have only six months to complete the application process before data has to be re-submitted and they lose their application fee.
hong kong seeks agreement with us
The Securities and Futures Commission has confirmed Hong Kong is one of 80 countries globally currently in negotiations with the US over its controversial FATCA law.