A SFC consultation paper proposes guidelines for robo-advisers to provide accurate, easily comprehensible information to investors.
Fines against individuals as opposed to corporates were up in Hong Kong, a 63% increase in fines from the year before.
Regulatory problems in China market could spill into Hong Kong through HKEX’s new third board.
Top official says updated ID cards with greater security could be used as basis of the centralised KYC; boost Hong Kong's status in fintech.
HKMA narrowly outpaces Singapore rival to enacting regime; becomes lead resolution body with responsibility for securities and insurance as well as banking.
Regulators conducted 60 joint investigations in 1H16, taking total to 365 since Shanghai-HK link established in 2014.
Hong Kong needs to beware as Australia and Singapore regulators issue game-changing initiatives.
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