Account problems cloud Hong Kong hub hopes

Controversially, banks including HSBC and Standard Chartered are rejecting companies and trusts registered in the British Virgin Islands and Cayman Islands, say senior executives at Hong Kong corporate services companies


ASIC publishes seventh market supervision report

ASIC Commissioner Cathie Armour said the results were testament to the significant energy dedicated by ASIC, and in particular its Market and Participant Supervision team, to the supervision and surveillance of Australia’s financial markets.