Nirmala Sitharaman reviews GIFT City’s progress, saying a legal framework for accounting, auditing, and taxation professionals will soon be in place.
August 22, 2023The financial hub development plan outline measures the FSC will undertake to promote financial hubs in South Korea.
June 24, 2023India's government has asked public sector banks to explore consolidating the business they conduct through overseas branches to GIFT City.
May 5, 2023Taxes 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, 2021