Bitcoin's appeal is growing among Asia's wealthy but regulatory concerns and illiquid digital currency markets, are likely to keep investments muted for now, say experts.
The Hong Kong fund house has been reprimanded by the local regulator, which may harm its ability to compete on portfolio mandates, said the CIO of a large institutional investor.
The city's Securities and Futures Commission has identified areas of concern related to anti-money laundering controls and is investigating several firms.
Hong Kong's securities regulator has moved to halve the average approval time for new fund applications. The question is, does it have the resources to deliver on that prospect?
The China Banking Regulatory Commission is seeking to establish a department to oversee the nation's $2 trillion trust industry in apparent recognition of growing risk, say local media.
Fines levied by regulators in Asia may be a lot smaller than in the US or UK, but that doesn't mean the region's watchdogs are weak, argues a senior Goldman Sachs executive.