02/05/2020
In Hong Kong, the Securities and Futures Commission has set out a product due-diligence regime that requires distributors to have a clear understanding of an investment’s features before marketing and distributing it to a client.
02/05/2020
ASIC said its investigation into the financial services company is ongoing, and did not provide further details.
02/04/2020
The public importance argument was rejected on the basis that no public interest had been engaged
02/04/2020
The fund management department manages the mutual funds of the company, according to a press release by the firm.
02/04/2020
The number of non-cash transactions is also expected to increase by 20-25 per cent annually and insurance premium income to reach around 3.5 per cent of GDP by 2025.
02/04/2020
While debt contracts shield the bank from the underlying business risk, they also prevent banks from benefitting from the upside potential
02/04/2020
According to UNSW’s Professor Hazel Bateman, one of the paper’s authors, the finding contributes to the broader issue of retirees’ reluctance to spend their savings.
02/03/2020
The lawsuit also alleged Westpac did not pass on requisite information about the source of funds to other banks in the transfer chain.
02/03/2020
Fund sales will likely be impacted due to the negative investor sentiment resulting from the coronavirus, according to the HKIFA.
01/31/2020
“The new PS Act will enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and promote confidence in the use of e-payments,” MAS said in its Tuesday statement.
01/31/2020
Appleby awarded “Law Firm of the Year – Litigation” and named as a runner up for “Law Firm of the Year – Hong Kong & Singapore”
01/31/2020
Hyperlink to the press release is available on the HKMA website for ease of reference by members of the public.
01/31/2020
The activity-based and risk-focused regulatory structure allows rules to be applied proportionately and to be robust to changing business models.
01/31/2020
If these largest technology giants are the most traded stocks here, but then they are excluded from the Hang Seng Index, it will reduce the role of the Hang Seng Index as a benchmark of the market.
01/30/2020
Although the code isn’t mandatory, the SEC says companies have to state reasons for non-compliance.
01/30/2020
Conyers’ Hong Kong office was opened in Exchange Square in June 1985
01/30/2020
Nearly $80 Million in Insurance Claims Linked to Hong Kong Protests
01/29/2020
The lender will pay a 3 million-euro fine and 900,000 euros in damages to French tax authorities to put the criminal allegations behind it
01/28/2020
Mazars and Nexia International announce 2019 financial year results
Two of the world’s largest accounting and consultancy networks – Nexia International and Mazars – have announced their 2019 results.
01/28/2020
In particular, solution providers will only need one license to conduct specific payment services.