A PYMNTS Company

Hong Kong: Banks hustle for new legal talent as competition regime approaches

By  |  December 14, 2014

As Hong Kong prepares to implement a new competition regime, reports say the city’s banks are hustling to hire new legal experts to ensure antitrust compliance.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Experts say financial institutions are looking to reduce spending on external legal advice and are instead turning to in-house hires. Reports say Hong Kong lawyers are also flocking to compliance teams at banks to meet demand, and experts say banks are recruiting mainly from private practice.

    The Hong Kong Competition Commission is readying for a new competition regime, with laws expected to be implemented next year.

    Full content: eFinancial Careers

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.