Tag: Hong Kong
Hong Kong signs agreement with UK on regulation of cross-border financial activities
HK’s private wealth management sector grew by 9% last year, says SFC
Rivalry between SG and HK breeds uncertainty for PB-focused fintechs
Advent of CRS means private banks and tax authorities must develop close ties, says tech vendor
Hong Kong signs AEOI agreement with New Zealand
With inspection looming, Hong Kong could abandon bilateral approach to CRS preparations, says lawyer
Hong Kong signs agreement with France for mutual recognition of funds
Hong Kong’s revised bank resolution framework is credit negative, says ratings agency
Former UBS WM director joins DBS
June Regulatory Round-up: New suitability requirements in HK; AEOI networks expanded; spotlight on fintech
BMO PB has “assembled a team of seasoned experts”, says Monique Chan
No local bank wants to be the first “to publicly tackle culture issues”, says HK-based lawyer
Hong Kong’s IAMs and family offices want clearer guidance on KYC requirements
FinTech Association of Hong Kong launches, aims to be an “umbrella” body
Hong Kong’s SFC clarifies exemptions policy for Type 9 licences
Asian investors becoming “more ambitious”, survey shows
Asia’s bias towards family-owned businesses means “privacy is a bigger issue here” ahead of CRS rollout
Singapore signs multilateral tax reporting agreements to bolster partner network
Former J.P. Morgan PB Asia equities head set to resurface
Hong Kong signs AEOI agreement with Indonesia, prepares for information exchanges
Data protection and liability in focus as banks adopt AI, says law firm
Indosuez WM confirms it is in “exclusive discussions” to buy CIC’s PB activities in Asia, transaction to be finalised by year’s end
Indosuez Wealth Management to buy CIC’s private banking business in HK and SG
Values, culture and wisdom key to family succession planning
HKMA’s Norman Chan on fintech: “Balance between convenience and investor protection” needed
Hong Kong and Singapore to challenge Switzerland’s dominance as offshore wealth hub
AML officers in Hong Kong say they are “highly stressed” amid regulatory clampdown
Hong Kong signs fintech agreement with Australia
New suitability requirements enforced with questions unanswered, say lawyers
Customised regtech solutions key for PBs as a “one-size-fits-all approach simply doesn’t work”
APAC client assets to drain from offshore centres amid tax compliance push, says report
HK fintech agency plans to extend cyber security platform to insurance, securities firms
Hong Kong’s new stamp duty policy “unlikely” to dent real estate demand
New robo advisory guidelines will result in “greater choice” for investors, says SFC
Heightened focus on risk management driving up salaries at HK’s private banks
SFC wants to see more regtech solutions in Hong Kong
To encourage fintech growth, Hong Kong’s regulators should “take a step back”, says law firm
BoS has hired 20 RMs in Hong Kong this year, open to further acquisitions in Asia
Police, regulators and banks launch AML task force in HK
Banks have “flexibility” in their customer identification methods, says HKMA
Private banks require “a lot of guidance” amid multitude of regulatory consultations
Julius Baer: “The water is warm” for Asian markets
UBS WM says Hong Kong’s HNWIs should be cautious about raising cash allocations
Edmond de Rothschild’s HK CEO to relocate to Geneva, HK branch to wind down
NAB sells private wealth business in Hong Kong and Singapore to OCBC
Transactional business will continue to dominate, say PBs
