HK rolls out internship programme in latest fintech push
The Hong Kong Monetary Authority and the Technology Research Institute have rolled out a programme that provides fintech internships for undergraduate and postgraduate students, as part of its latest move to become Asia’s leading fintech hub.
Senior managers must be held more accountable, says HK regulator
Senior managers at financial firms must take greater accountability for corporate wrongdoing, according to a circular released by the Hong Kong Securities and Futures Commission (SFC).
Fund managers tend to hug benchmarks when fear reigns
Active fund managers tend to track their benchmarks more closely when volatility is at its highest, according to new research.
North America | 19 Dec 16
Harlequin Property enters receivership as resort is shut
Harlequin Property SVG, the land-owning unit behind the £400m ($509m, €454m) overseas property scheme facing ruin, has entered interim receivership while its flagship resort has closed after the electricity was disconnected.
Best Practice | 19 Dec 16
Guidance body plans leave UK advisers no better off
UK financial advisers will not receive support from the financial guidance body that will be created through the amalgamation of the Money Advice Service (MAS), The Pension Advice Service (TPAS), and Pension Wise.