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Hong Kong, S'pore set to make fee disclosures mandatory

Planned rules threaten to shake up fee business for Asia's wealth managers

Fri, Apr 14, 2017 - 5:50 AM

Hong Kong

HONG Kong and Singapore are set to launch new disclosure rules for wealth managers on what they are paid by funds to sell their products - moves aimed at revealing conflicts of interest but which could disrupt a business that generates billions of dollars in fees.

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