The Hong Kong Monetary Authority (HKMA) has announced that the Monetary Authority has upgraded Credit Agricole (Suisse) SA’s (CAS) restricted banking license to a banking license under the Banking Ordinance. The upgrade took effect yesterday. CAS is incorporated in Switzerland and has operated a branch in Hong Kong under a restricted banking license since 2007. After the upgrade of CAS, the…
Have a confidential tip? Get in touch [email protected]