Asia
HK US conclude FATCA talks sign pact
Hong Kong and the United States have concluded their discussions on the implementation of the Foreign Account Tax Compliance Act, with Hong Kong expected to sign a model 2 intergovernmental agreement later this year.
hk managers continue upbeat bets on equities
A greater majority of fund managers in Hong Kong continue to hold a bullish view on equities, with a preference towards European equities, according to a survey by the Hong Kong Investment Funds Association.
Future of portfolio bonds is unclear
Hong Kongs insurance and securities industry regulators are reported to be considering whether to introduce new restrictions on the sale of open architecture investment products, including so-called personal portfolio bonds (PPBs), market sources there say.
untapped opportunity in hnw clients in asia
Insurance companies see a good potential to promote life wrapping insurance products to a rapidly growing high net worth individuals population segment in the Asian region.
Sing insurance professionals predict commission
Nearly half of the insurance professionals in Singapore feel that regulatory requirements for greater commission disclosures are “very likely” to come into place over the next three years.