News

Abu Dhabi and Hong Kong sign fintech regulatory agreement

FintechAbu Dhabi Global Market (ADGM), the emirate’s international financial centre, has signed a cooperation agreement with the Hong Kong Monetary Authority (HKMA) to jointly promote their respective fintech sectors. The alliance will allow the HKMA and the ADGM’s Financial Services Regulatory Authority to refer fintech businesses to each other’s markets, engage in greater information sharing and explore mutually beneficial projects, according to the two bodies. One such potential project is a cross-border trade finance network using distributed ledger technology, according to HKMA chief fintech officer Nelson Chow. It is ADGM’s eleventh such fintech agreement with international regulators. The signing also coincides with the news that total trade between the UAE and Hong Kong reached $10.87 billion in 2017, up from $10.59 billion in 2016. ©2018 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

Apr 18, 2018

Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

SINGAPORE ROUNDTABLE: Optimism versus caution

Oct 23, 2018

The impact of financial technology, developments in Asian passporting and the promise of new markets in Thailand were among the topics discussed by our panel. Chaired by George Mitton in Singapore.

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.