Taxes will be raised on those who earn over JPY 3 billion through stocks and real estate. A corporate surtax of 4 to 4.5 percent will also be adopted.
December 19, 2022FSDC chairman Laurence Li said Hong Kong we must not allow any "slippage" in its role as an international financial centre, and as a connector to the mainland.
July 19, 2022The plan to reform the tax system to attract hedge funds to Tokyo has resulted in "preferential treatment no one would use."
June 16, 2022The agenda includes support for safe crypto adoption, stronger powers to tackle illicit finance, and better fraud protections for consumers.
May 13, 2022The HKIFA says many fund managers have or are planning to relocate, largely to Singapore, due to Hong Kong's tough Covid-related restrictions.
April 27, 2022Concerns are mounting over closed schools and bars, banned flights, and a plan to launch a mass testing programme that may be coupled with a citywide lockdown.
March 8, 2022Chief Executive Carrie Lam announced measures to improve the stock market listing regime and enable RMB-denominated securities in Hong Kong.
October 7, 2021A business advisory from four US government agencies says US firms should be aware of the risks they face if they continue operating in Hong Kong.
July 18, 2021The subsidiary of UK firm Affirmative Investment Management Partners registered to conduct investment advisory and agency business.
April 20, 2021Duff & Phelps survey respondents rated the UK as the world’s top regulatory regime, followed by Singapore and the US, which tied for second place.
February 18, 2021