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  • July 12, 2014
  • Last updated: 11:10am
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  1. Business - Banking & Finance - INSURANCE

    Forced disclosure clause in draft insurance bill could kill industry, insiders complain

    Posted Jun 26th 2014, 09:38am by Jasper Moiseiwitsch

    ... should they wish to. Industry insiders are sceptical. They believe that full automatic fee disclosure is coming, it is just a question of when. "My only unknown area is how ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com Industry players upset over vague clause on information about product commissions made in proposed bill to set up independent authority Fee ...

  2. Business - Money - REGULATION

    New insurance rule far from transparent on fee disclosure

    Posted Mar 25th 2013, 12:00am by Jasper Moiseiwitsch

    ... that Fee rule deflects bribery charges, but not much else The Hong Kong insurance industry will raise its disclosure on fees in mid-April. However, buyer beware, most consumers will not notice ... that brokers will be receiving commission on insurance sales. But, as noted, they decided against a clear disclosure of the commission in a dollar amount so long as the fee was within the "usual ...

  3. New firm calls for universal fee disclosure

    Posted Feb 06th 2005, 12:00am by Staff Reporter

    ... two years where clients lost money in risky investments. 'What fee disclosure does is promote good behaviour,' he says. 'Imagine the medical profession where your doctor was rewarded not by consulting fee, but by the pharmaceuticals that he sold... you'd be taking a lot of drugs you didn't necessarily need to take.' Ipac, a subsidiary of French financial ...

  4. Business - Companies

    MTR's delay disclosures to be judged in awards

    Posted Jul 05th 2014, 01:51am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com MTR's delay disclosures to be judged in awards MTR Corp will be judged over its much-criticised disclosure of delays in its high-speed rail project during this year's Best Corporate Governance Disclosure Awards by the Hong Kong Institute of Certified Public Accountants, assuming the Hong Kong-listed firm participates in the awards, ...

  5. News - World - UNITED STATES

    Bill and I were flat broke after White House, says Hillary

    Posted Jun 10th 2014, 09:08pm by AP

    ... But the same form shows the Clintons owed between US$2.3 million and US$10.6 million in legal fees to four firms. The Clintons paid off their legal bills by 2004, according to Senate disclosure forms. ... for houses, for Chelsea's education. You know, it was not easy." Since leaving the White House, Bill Clinton has earned a fortune in speaking fees and Hillary represented New York ...

  6. News - World - POLITICS

    How Bill, and now Hillary, Clinton talked their way from 'dead broke' to rich

    Posted Jul 01st 2014, 11:21pm by WASHPOST

    ... presidents, is detailed in annual public disclosures because his wife has held public office. Both Clintons also give speeches for free. The Clintons also sometimes request that sponsors pay their fee ... the White House, and January last year, when Hillary stepped down as secretary of state, according to a review of the family's federal financial disclosures by The Washington Post. Although ...

  7. Comment - Insight & Opinion

    Integrity of capital markets relies on professional conduct

    Posted May 13th 2014, 07:08pm by BRIAN TANG

    ... Brian Tang Brian Tang expects due diligence and disclosure from all industry players Integrity of capital markets relies on professional conduct Hong Kong's capital markets and its ... the market's perceived gatekeepers accountable for the quality due diligence and disclosure on which investors depend. In January, the Securities and Futures Appeals Tribunal affirmed a 12-month ban ...

  8. Business - Banking & Finance - REGULATION

    Wider reform urged on MPF fee charges in Hong Kong

    Posted Jun 30th 2014, 01:40am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Regulator is told to expand the management fee cap proposed for the new core fund to all other 400 products under the retirement scheme Wider reform urged over MPF charges Lawmakers have urged the regulator of the controversial Mandatory Provident Fund to reduce fees on a wider range of funds and provide better protection for the 2.5 million ...

  9. Business - Money - PENSIONS

    MPFA proposes fee cap on pension funds

    Posted Jun 25th 2014, 02:37am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Regulator also calls for low-charge core plan for workers who fail to pick investment scheme MPFA proposes cap on fund fees All Mandatory Provident Fund schemes must introduce a low-fee core fund from 2016 for employees who do not know which fund to choose for their pension contributions. Under a plan proposed by the pensions regulator, it has ...

  10. Property - Hong Kong & China

    Property agents threaten SouFun boycott over rising fees

    Posted Jun 19th 2014, 12:55am by Peggy Sito

    ... threaten SouFun boycott over rising fees Four real estate agencies in Shenzhen, which account for more than 50 per cent of the city's brokerage market, have threatened to boycott SouFun Holdings in a bid to force the property website to cut its listing charges by half. The agencies said the fees charged by SouFun for listing their properties kept rising at a time when the market ...




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