In acknowledgement of the rapidly rising costs of compliance at financial institutions, the Securities and Futures Commission (SFC) decided today to provide these institutions with a two-year waiver on licensing fees. Effective April 1, 2012, the initiative will impact 40,000 SFC-licensed intermediaries or registered corporations including brokers, trading houses and asset managers. Ashley Alder, CEO of the SFC comments on…
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].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
