All posts tagged "Wealth Management"
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1.1KChinaPBOC Extends Deadline for New Asset Management Rules
The transitional period for new rules for the asset management sector will be extended by one year to end-2021, the PBOC said.
August 3, 2020 -
506Hong KongFSDC Proposals to Advance Hong Kong as Family Office Hub
The Financial Services Development Council has identified four areas where reform is needed to make Hong Kong a “more conducive operating environment” for family offices.
July 16, 2020 -
605FeatureHKMA Proposes New Code of Practice for Banks’ Trust Companies
The HKMA is looking to address a lack of conduct requirements for trust businesses used by banks and their subsidiaries for wealth management purposes.
July 13, 2020 -
1.6KBig PictureVirtual Banks Could Shake Up Funds Industry – Report
Successful virtual banks are likely to branch out into wealth management services, robo-advisory and fund distribution, says a new Calastone paper.
July 3, 2020 -
580ChinaChina Sets Stage for GBA Wealth Management Connect Scheme
Under a pilot scheme, Greater Bay Area residents will be able to invest in wealth management products distributed by GBA banks across boundaries.
June 30, 2020 -
2.4KAML / KYCAPAC Banks Will Come Out Stronger Post Pandemic
Covid-19 has kickstarted a rush to digitisation. Changes not expected for another 5-10 years will now be seen over the next 18 months, says Fenergo's Greg Watson.
June 23, 2020 -
896ChinaChinese Regulators Probe New ‘Group Savings’ Products at Banks
‘Group savings’ products allow customers to join together as participants to receive better interest rates on savings, wealth management and loans
May 30, 2020 -
311TaiwanTaiwan to Allow Local Firms to Open Domestic OBU Accounts
The FSC and central bank have agreed to allow local companies to open OBU accounts at domestic banks to facilitate their access to foreign currency borrowing.
May 22, 2020 -
695FeatureHKMA, SFC to Jointly Review OTC Product Pricing at Intermediaries
The thematic review will assess the spreads intermediaries charge for non-exchange traded investment products such as bonds and structured products.
May 19, 2020 -
487AML / KYC1MDB Tainted Swiss Bank to Exit Private Banking Business
Falcon Private Bank was forced to shut down its Singapore operations in 2016. Nearly four years later, it has decided to exit private banking in Switzerland.
May 13, 2020
