You'll see in Hong Kong banks you've never heard of, banks with headquarters in one country, branch in Hong Kong, but none in USA. Thus such banks care nothing about the USA hegemonic FATCA. Which makes Hong Kong a natural for Islamic bonds.
Dubai welcomed the decision of the Government of Hong Kong inclusion of Islamic instruments, valued at one billion dollars, in exchange, "Nasdaq Dubai."Feel free to forward this by email to three of your friends.
3 comments:
Are U.S. citizens allowed to open bank accounts at these banks?
I thought HK was taking part in Facta. At least under type 2.
Why would a US Citizen want to open an account at these banks? I suppose it depends on the purpose. No doubt HK to some extent cooperates, the pressure to destabilize Hong Kong is intense. Switzerland folded, why not Hong Kong?
Post a Comment