11/03/2016

About PWMA the Private Wealth Management Association, in Hong Kong

PWMA LGB is a Hong Kong-based voluntary association incorporated as a company limited by guarantee (LGB). The initiative to set up an industry association for the private wealth management industry is the result of a consultancy research sponsored by the Hong Kong Association of Banks (HKAB).  HKAB and its members consider that the enterprise will help preserve Hong Kong’s status and competitiveness as a major financial hub.

The main aims of PWMA are to improve the status of Hong Kong as the private wealth management hub in the Asia-Pacific region by fostering and promoting the growth and development of the private wealth management industry in Hong Kong; to better maintain Hong Kong's standing and competitiveness as a principal international financial hub; to promote ethical conduct, integrity and high standards of professional skills on the part of private wealth management service providers; to provide a panel for members to consult and exchange views on trends and challenges faced by the private wealth management industry in H.K and how to strategically prepare for these trends and challenges; to provide industry representation and consultation in Hong Kong on private wealth management related subjects, and to provide a carrier for the private wealth management industry to maintain continuous dialogue with governments, regulators, trade organizations, and NGOs.
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