“Banking is not rocket science. It’s actually much more complicated.” Morgan Stanley told me this at new hire orientation ~15 years ago. A lawyer explained that banking involves thousands more regulations than launching rockets. All these regs also apply to Fintech startups. So do regulations around cryptography, telecom, cross-border technology transfers, data privacy, and more.…
It has been a year of massive change for Hong Kong. As we look ahead to 2020, take a moment to reflect on where we are: What do we love about this city? Why do we choose to base our lives here? The perspective below is BY and FOR expats with poor Chinese language skills.…
Quick thoughts on hugely complicated issues. Just my opinion and possibly very wrong. Getting reliable data out of China is hard. Internal communications are monitored & edited in real time. Externall the “Great Firewall” is a thing. Anecdotal evidence is noisy & slow but provides the clearest picture. Hong Kong’s official data is more reliable…