Text size

Virtual banks poised to enter wealth management space

Recently revised authorisation guidelines for virtual banks issued by the Hong Kong Monetary Authority (HKMA) suggest that this emerging breed of financial institutions will be able to provide a broad range of services, including wealth management. The local bank regulator published a consultation draft for virtual banking guidelines earlier this month, updating regulation requirements that were first established back in 2000. Responding to…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].