The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
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The Hong Kong government has begun a three-month consultation for introducing open-ended fund company structures (OFCs).
The Hong Kong capital market regulator has waived the annual licensing fees for another two years, and says it sees this move benefitting 39,000 intermediaries.
Hong Kong’s Securities and Futures Commission has begun a public consultation on plans to amend its real estate investment trust rules to create greater investment flexibility.
From 1 January next year providers seeking regulatory approval to launch new products, including ILAS, in Hong Kong will have only six months to complete the application process before data has to be re-submitted and they lose their application fee.
Cazenove Capital Management has opened an office in Hong Kong, its first in Asia, having received licence approval from the Securities and Futures Commission.
Fund management assets in Hong Kong were 40% higher at the end of last year than at the end of 2011, according to figures released by the Securities and Futures Commission today.
Hong Kong-based fund managers are “racing” to introduce Hong Kong-domiciled funds, ahead of plans for a “mutual recognition” programme that will enable them to be sold in mainland China, according to a report published today in the South China Morning Post.
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