Jan/Feb Regulatory Round-up: GBA Wealth Management Connect; warning against ramp-and-dump scams; 2021 priorities

12 March 2021 | 4 minutes read

2021 started off with private banks anticipating the launch of the Wealth Management Connect scheme in the Greater Bay Area. Private banks are eager to expand their business operations as China opens up its financial markets. In early February, financial regulators from mainland China, Hong Kong and Macau inked a memorandum of understanding (MoU) establishing the cooperation framework and liaison…

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