Hong Kongs Securities and Futures Commission (SFC) is
set to authorise the selling of structured offshore renminbi
products within the next few months.
Speaking at IFLRs Asia Capital Markets Forum,
SFCs China and investment products director of policy,
Bernard Fung said the SFC had been reviewing a number of
applications from different law firms and issuers and was
prepared to push some products through.
The Hong Kong Monetary Authority (HKMA)...