account opening Archives - Asian Private Banker https://asianprivatebanker.com Illuminating private banking in Asia. Wed, 03 Jun 2020 02:22:59 +0000 en-US hourly 1 https://asianprivatebanker.com/wp-content/uploads/2015/12/cropped-apbicon-32x32.png account opening Archives - Asian Private Banker https://asianprivatebanker.com 32 32 Completely remote onboarding still elusive for Hong Kong PBs https://asianprivatebanker.com/private-wealth/regulations/completely-remote-onboarding-still-elusive-for-hong-kong-pbs/ Tue, 02 Jun 2020 08:02:46 +0000 https://asianprivatebanker.com/?p=150513

The COVID-19 pandemic has increased the demand for remote client onboarding, but regulatory issues and restrictions on face-to-face meeting are making it hard for  private wealth management firms in Hong Kong to execute the onboarding process fully remotely. “Right now it is very challenging for private banks to go 100% remote onboarding. I know that it is possible to open […]

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