Deputy Secretary for Financial Services & Treasury Eddie Cheung Kwok-choi says the funding is needed as seed money for the new regulator before it can generate sufficient funds on its own. Photo: SCMP Pictures

Hong Kong government seeks HK$650m funding to set up Insurance Authority

Topic |   Regulation

TOP PICKS

Deputy Secretary for Financial Services & Treasury Eddie Cheung Kwok-choi says the funding is needed as seed money for the new regulator before it can generate sufficient funds on its own. Photo: SCMP Pictures
READ FULL ARTICLE