Asia
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.
hsbc sells thai wm arm to krungsri
HSBC has entered an agreement to dispose of its Thailand-based retail banking and wealth management arm, and expects the deal to be completed in the first half of 2012.