Each time the analysis of part of the financial sector in Hong Kong as an international financial center, often (and knowingly) use the Technical Rmin tt -? No financial intermediation?. This t? Rmin t? Tech in the process of routing of savings into investment, a process that? very important to fuel economic growth? And economic development. Financial Advisors use the t? Terms extensively in the hope that his repeated MENCI? N serve? as a frequent reminder to all concerned. This includes regulators and the regulated, providers and users of financial services – this objective b Musician of the financial sector?. M? S location? N. financial service providers, accurate, or financial intermediaries in Hong Kong? highlight the function for their existence.
Financial markets often provide financial intermediaries in Hong Kong for the opportunity? profit resulting business strategies that can not? satisfactory, taking into relationship? N b with the goal? Musician of the financial sector. Not? likely to be accurate or complete information about the character? Appliances, and to discuss the classification, use, business strategies, so that financial intermediaries can? An intentionally avoid being active. Although this will be? surely? To provide a basis? Useful to industry. Regulators prefer to deliver this financial intermediaries that are up nm? S involved with the markets and better realize the aspirations and the impact of the works of specific market? Traffic.
Financial advisers believe they have the ability? are ready to create! in particular? sa long term unless delivered to the business strategies that have the effect of undermining the stability? comprehensive and efficient functioning of the intermediation channels? n financial year for which have been certified as service providers. In fact, when the certification? N, the authorities? regulators have adopted the point of view? N were id? Lines, this includes, significantly, being able to operate in conformity? with this obligation? N. fiduciary valuable as a licensee.
But every now and then east? well within the rights of regulators to remember. A byproduct of evolution? N technology? For information? N and globalization? No financial markets? any chance? profit at the expense of stability? General and the efficient functioning of the intermediation channels? N. financial stood up? standing?. For example, the ability? to carry out financial transactions through? S of cyberspace and the reserves on the high seas has led to a serious lack of transparency in the market, what? suitable for handling? N market, which erodes the integrity? the market. The development of international institutions and major business centers as well? N gave significant management challenges? N of these institutions, so that the value of compliance with the fiduciary duty of financial intermediaries in Hong Kong have not always been the approach at work you deserve.
Consider the requirement? N. Certificate Trust Bank in Hong Kong as m witness? S. Financial advisers believe that the fiduciary duty of banks authorized to carry out their activities? so as not to jeopardize the stability? General and the effective functioning of the banking system. Consultants do not anticipate, s? And as an example, within the banking system of linked exchange rate should provide that the speculative attacks on the link, which has the effect of erosion? N. stability? the banking system. The banking system? been, and continue? remain a channel of mediation inevitable? No financial intermediaries in Hong Kong? extremely important for economic growth? and economic development. The long-term welfare of the community? ? based on the banking system by acting in this capacity? N effective.