The current chairman of the Accounting and Financial Reporting Council will succeed Tim Lui.
Tag: SFC
China asset managers rush to set up virtual services in Hong Kong
ChinaAMC (HK) and Harvest Global Investments have gained SFC approval to offer virtual asset management services in the SAR.
Hong Kong’s SFC cracks down on fake crypto platforms
The regulator has warned the public about crypto fraud and impersonation.
Hong Kong and China regulators enhance WMC scheme
The measures include increasing the scope of eligible products and increasing quotas.
Hong Kong’s asset and wealth industry sees AUM fall
The fall in AUM occurred despite net fund inflows of HK$88bn in Hong Kong last year.
HKMA, SFC issue joint circular on sophisticated professional investors
According to the joint circular, intermediaries may apply a streamlined approach when dealing with SPIs.
China and Hong Kong to expand Stock Connect
The adjustments will be implemented in about three months time.
Hong Kong sees slower mutual fund growth
The city’s assets under management (AUM) in asset and wealth management only reported a 2% year-over-year increase for 2021, official figures show.
