Hong Kong
skandia broker in hk commission case win
Royal Skandia and a local insurance broker have won a High Court case in Hong Kong over commission disclosure that is seen as having potentially significant, and positive, repercussions for the jurisdictions insurance brokerage and advice industries.
frustration among hk insurance brokers
Insurance brokers in Hong Kong are expressing frustration over an industry agreement that they inform clients whenever they are due a commission from the sale of insurance products, even though their main rivals in the marketplace insurance agents, which typically represent the major insurance giants do not have to.
bogus facebook adviser fined hkd20000
An unlicensed adviser was today fined HK$20,000 and given a community service order of 80 hours, for advising on securities via the social networking website Facebook.
wef puts hong kong top of its financial index
Hong Kong has taken the top position on the World Economic Forums Financial Development Index for the first time, moving ahead of both the United States and the United Kingdom.
weak dollar keeps hk cheaper for expats
Hong Kong has tumbled down the list of most expensive locations for expats to live, as a weaker dollar continues to negate the impact of rising prices, according to the annual cost of living survey from ECA International.