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  1. Airport Authority clears Islamic bond tax hurdle

    Posted Feb 09th 2009, 12:00am by Enoch Yiu

    ... Maria Chan and Enoch Yiu The Airport Authority has resolved a major hurdle for its planned Islamic bond- how it will be treated for tax purposes- but is waiting for improved market ... a worthwhile investment. The Airport Authority planned to sell Hong Kong's first Islamic bond in the third quarter of last year, a move that could take the city a step closer to establishing ...

  2. Third quarter target for first Islamic bond

    Posted Jun 06th 2008, 12:00am by Staff Reporter

    ... Maria Chan and Wong Ka-chun The Hong Kong Airport Authority said yesterday it could launch the city's first Islamic bond sale as early as the third quarter of this year. Confirming ... Stanley Hui, the Airport Authority's chief executive. The Post reported yesterday that the operator of Chek Lap Kok airport planned to sell the territory's first Islamic bond, pending ...

  3. Why we urgently need an insurance authority in HK

    Posted Nov 22nd 2011, 12:00am

    ... Enoch Yiu The increasing popularity of investment-linked policies shows Hong Kong has an urgent need for an insurance authority to regulate the salespeople who market these products. ... Kong Monetary Authority to check on banks, brokers and fund managers. Previously, agents were mainly selling simple life protection products only. Now they are selling a range of investment ...

  4. Monetary Authority and SFC have passed the buck to Hong Kong's banks

    Posted Sep 06th 2011, 12:00am

    ... Monetary Authority and the SFC have passed the buck to the banks. Why are we paying these regulators their huge salaries if they are unwilling to regulate? Their action is not to genuinely protect ...

  5. Lai See

    Posted Jun 02nd 2012, 12:00am

    ... Howard Winn Airport Authority's green credentials may never take off Hong Kong's green groups are planning on sending a joint letter to the Airport Authority asking it to conduct ... the authority to respond, possibly, within two weeks. If it decides against the SROI, the green groups say they will boycott the focus groups that the authority wants to set up as part of its ...

  6. US tax authority to target offshore banks in new crackdown on evasion

    Posted Jun 12th 2011, 12:00am

    ... taxpayers living outside of the US.' $780m The is the amount, in US dollars, Swiss bank UBS paid US authorities to avoid prosecution for aiding tax evaders in 2009 ...

  7. Insurance authority plan opposed by 95pc of HK agents

    Posted Sep 25th 2010, 12:00am by Paggie Leung

    ... Paggie Leung Nearly all life insurance agents in Hong Kong oppose government plans to set up an independent insurance authority, a survey shows. More than 95 per cent of the 1,371 members ... committee, said. 'We're worried the proposed authority will be run by non-industry members and a lot of changes will be made to the current system that we deem effective. We also believe ...

  8. Insurance authority scheme pushed

    Posted Feb 16th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu The government will open consultation this year on the long-awaited proposal to set up an independent insurance authority- an idea first mooted 16 years ago. Commissioner of Insurance Annie Choi Suk-han said a consultant was working on the details of the plan and a consultation paper would be released in the first half of the year. 'It is an international trend ...

  9. Monetary Authority director clarifies minibond deal rules

    Posted Jul 26th 2009, 12:00am by Kobi Chan

    ... describing themselves as professional investors, the Monetary Authority executive director says. Raymond Li Ling-cheung's comments yesterday came after a number of minibonds buyers raised ... or not, you had better ask the bank.' The Securities and Futures Commission, the Monetary Authority and 16 distributing banks jointly announced on Wednesday that they had reached an agreement ...

  10. Monetary Authority launches probe into 22 complaints

    Posted Oct 07th 2008, 12:00am by Joyce Man

    ... Joyce Man The Hong Kong Monetary Authority has opened investigations into 22 complaints about Lehman-related investment products. The complaints under investigation involved eight banks, which together represented 70 per cent of all the banks about which the authority has received complaints, Monetary Authority executive director for banking development Raymond Li Ling-cheung ...




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