Regulatory roundup, Sep 19

Sep 18, 2014

HKMA seeks RMB cap removal; BIS issues EM warning; London RQFII quota awarded; Shanghai FTZ head removed; HK to join OECD tax-data scheme; US allows hedge funds to advertise; and HKEx cuts tax on transactions.

Hong Kong: HKMA head seeks RMB conversion cap removal
Norman Chan, head of the Hong Kong Monetary Authority (HKMA), has reportedly asked Chinese authorities to remove the cap it applies to residents in the city converting Hong Kong dollars to renminbi.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]