Asia
UK at risk over Chinese money laundering
UK authorities have been warned that attempts to establish London as a hub for Chinese currency dealing could be scuppered by the increased use of the renminbi by money launderers.
Ogier opens Hong Kong resolution team
Ogier has launched a dispute resolution team in Hong Kong in a bid to serve Asian clients in their own time zone.
Ashmore unveils trio of China-focused funds
Ashmore has unveiled three China-focussed funds that aim to invest in China’s onshore equity and fixed income markets using its RMB Qualified Foreign Institutional Investor (RQFII) license.
Bong leaves private banking role at Schroders
Terence Bong has left his position as Schroders head of international private bank sales team, Asia.
ASEAN cross-border framework launched
The ASEAN collective investment scheme framework (CIS) has been launched, allowing investors in Singapore, Malaysia and Thailand access to cross-border financial products.