2020 has been a challenging year for the Hong Kong financial services industry, and local regulators have been pushing out measures to support both the industry and the wider economy. While the industry faces enormous challenges in the current environment, we also see green shoots of opportunities that could steer the Hong Kong financial services industry in the next era of growth.
“PwC Regulatory Hot Issues” aims to provide you with a recap on some of the most pertinent areas that are challenging financial institutions. This publication will be released periodically as a reminder of key regulatory updates impacting the financial services industry.
In this sixth edition of our Regulatory Hot Issues, we discuss the trends and opportunities emerging as the financial services industry and the economy at large cope with the pandemic and find the way forward.