Asia
hkma revises rules for private banks products
The Hong Kong Monetary Authority (HKMA) has published a revised version of its rules covering the sale of investment products, which changes the way private banks and so-called authorised institutions acting in a similar capacity are bound to deal with their clients.
mpf revision opens door to hk advisers
An overhaul of the mandatory provident fund scheme in Hong Kong, which will allow employees to choose which MPF provider they use, is being eagerly anticipated by advisers.
shanghai unveils plans for its own yuan
In what is being viewed as a challenge to the ambitions of Hong Kong, and possibly London, to become major players in the trading of renminbi, Shanghai yesterday threw its hat into the ring.
mourant ozannes opens first asia office
Offshore law firm Mourant Ozannes has opened an office in Hong Kong, its first in Asia.
new antimoney laundering guidelines
A new set of guidelines on anti-money laundering and counter-terrorist financing has been published by the Securities and Futures Commission in Hong Kong.