Ashley Alder, the CEO of Hong Kong’s Securities and Futures Commission, took a swipe at bank distributors while professing optimism for the mutual recognition of funds (MRF) scheme, which he aims to expand.
Tag: Hong Kong
Hong Kong tops global competitive ranking
Hong Kong and Singapore ranked first and third as the most competitive countries in the world, with Switzerland coming in second, according to the 2017 IMD World Competitiveness Ranking.
FSA Long-Term Investing Forum Hong Kong 2017
We present photo highlights of the FSA Long-Term Investing Forum in Hong Kong, held on May 23 at the Island Shangri-La Hotel.
Video: The FSA Long-Term Investing Forum Hong Kong
We present a short video with highlights from the FSA LTI Forum, held on May 23 at the Island Shangri-La Hotel.
MRF finally sees net inflows
Northbound funds under the Mutual Recognition of Funds (MRF) recorded net inflows of RMB 67.4m (9.8m), the first time in six months inflows beat outflows, according to latest data from the State Administration of Foreign Exchange.
In case you missed it – Funds Updates and News
Monetary Authority of Singapore organises its second fintech festival; First State hires two executives for North Asia distribution; a China Post & Capital Fund fund manager arrested for insider trading; Hong Kong’s SFC warns firms about ransomware WannaCry; Simmons & Simmons launches an online resource for hedge fund start-ups in Hong Kong; and others…
HK puts China’s AM applications on watch
“Responsible officers” listed on an increasing number of mainland asset management firm applications will get tougher scrutiny from the Hong Kong’s Securities and Futures Commission, according to Julia Leung, the SFC’s executive director for intermediaries.
Hong Kong and UK sign fintech agreement
The Hong Kong Securities and Futures Commission (SFC) and the UK’s Financial Conduct Authority have entered into a co-operation agreement to support fintech innovation.
HK-Swiss scheme to join fund passport club
Yet another fund passporting programme, the Switzerland-Hong Kong Mutual Recognition of Funds scheme, is trying to get traction in Asia.
HK proposes new security guidelines for online trading
Hong Kong’s Securities and Futures Commission (SFC) is proposing new cyber security control practices to reduce and mitigate hacking risks associated with internet trading.
