All posts tagged "Wealth Management"
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1.2KAML / KYCNTU Singapore to Develop New Tools to Fight Money Laundering
Supported by the MAS and Singapore's major banks, the project seeks to help wealth managers address money laundering risks with new AI and machine learning capabilities.
August 22, 2019 -
1.2KChinaChina Announces 11 Measures to Open Up Financial Sector
The measures ease restrictions on foreign investment in securities firms, asset management companies, FX brokerage, insurance and pension management, among others.
July 22, 2019 -
799Hong KongSingapore Bankers ‘Flooded’ With Inquiries from Hong Kong – Reports
Following Hong Kong's extradition bill protests, wealth managers and private banks have seen increased queries from clients looking to set up channels to move assets to Singapore.
July 16, 2019 -
706ChinaCBIRC Green-Lights Three City Commercial Banks’ WMP Units
Bank of Hangzhou, Bank of Ningbo and Huishang Bank will form the first batch of city commercial banks to join larger rivals in setting up wealth management subsidiaries.
July 5, 2019 -
610ChinaCBIRC to Tighten Rules on ‘Cash Management Products’
CMPs are issued by banks, offering higher yields than money market funds and promising a high level of liquidity, but there are no restrictions on how CMP funds can be invested.
July 4, 2019 -
562Capital RegulationNational Auditor Finds Lending Violations at Chinese Banks
Lenders were found to be favouring borrowers with deposits at their banks, linking loans to the sale of other products, and illegally charging financing fees.
June 28, 2019 -
641ChinaHong Kong Proposes Insurance Connect with China
The proposed plan will allow Hong Kong insurers to set up offices in Guangdong and Macau, part of a large integration plan for the Greater Bay Area.
June 13, 2019 -
546UncategorisedMacau Explores Establishment of Securities Market
The move will help Macau diversify away from gaming as its main source of revenue, and align the territory with China’s plans for the Greater Bay Area.
June 6, 2019 -
920China
Hong Kong, China Framework Comparison – Investment Suitability
Synpulse’s Prasanna Venkatesan, Gregory Achache and Marina Mai compare the investment suitability frameworks of Hong Kong and mainland China, and their pain points.
May 1, 2019 -
736Big PictureCloser Cooperation Key to Greater Bay Area Success – FTAHK
There are significant opportunities for cross-border collaboration and integration across the Greater Bay Area, the FinTech Association of Hong Kong says in a new report.
April 29, 2019
