The city's funds association has tabled proposals which would see savers offered tax incentives and cash rebates in return for higher levels of pension contributions. But the plans face a sceptical public.
FSB calls for better coordination in China; HK financial firms given greater freedom; SFC recovers $23m; Japan reviews stewardship code; and SFC reappoints executives.
BNPP IP's Asia chief resigns; Pioneer poaches Neuberger trio; JP Morgan boosts funds team; PwC appoints China chairman; Japan names FSA chief; HKEx revamps listings team; and SocGen names sales heads.
Technical issues delay SZ Connect; CSRC tightens margin lending; Japan sets out tax reforms; SFC mulls new legislation; Iosco urges less reliance on ratings agencies; and derivatives reporting changes sought.
SFC recovers $191m for investors; Singapore retail market opens up; Algo trading put under the microscope; Saudi restricts foreign buying to 10%; and hedge funds urged to upgrade cyber security.
Asset managers are braced for a rise in the number of regulatory inspections and tighter rules around fund sales and insider trading in Japan.