The President of the People’s Republic of China and the People's Bank of China announced their intentions to open up China’s financial markets to promote foreign competition. For now, foreign ownership is limited for banks and asset management companies. Within a few months **the foreign ownership cap will be removed**. These changes will open the market to foreign investors and banks, givin...

...types of businesses are subjects of these changes and 2FA implementation requirements? Currently 4 types of trading activities are affected by these changes: dealing in securities, dealing in futures contracts, leveraged foreign exchange trading and asset management. **Later this summer there will be more security rules changes for trading businesses in Hong Kong**. These will include updates f...

... латинского алфавита Название компании должно заканчиваться на: Limited Названия компаний, требующие получения разрешения или лицензии: asset management, Asset Manager, Assurance, Bank, Banking, Broker (s) / Brokerage, Capital, Credit, Currency (ies), Custodian(s), Custody, Dealer(s), ...