As Hong Kong and China’s financial regulators prepare to launch a mutual recognition platform, sentiments in Asia’s private banking industry remain divided between those that see the regime as a game-changer and those that believe it is much ado about nothing in the short-term. For private banking, there is a two-fold opportunity for offshore high net worth individuals (HNWIs) to…
Opinion split on Hong Kong-China mutual recognition scheme
15 January 2014
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