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Grandfathering private banking certificates: What’s the point?

Is the process a positive step to further Hong Kong’s competitiveness as a private banking hub or another sign of over-regulation? Asian Private Banker investigates. Under the PWMA’s supervision, qualified practitioners have the option of grandfathering their private banking certification through Hong Kong’s Private Wealth Management Association (PWMA) examination and competency benchmarks.  Private bankers can fast-track or grandfather the process with a…

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