Investors should force Hong Kong regulatory reform, says legislator

hongkong
Hong Kong: debate on regulation has intensified

Ronny Tong, a former barrister and member of the Legislative Council of Hong Kong (LegCo), believes Hong Kong should establish a unified regulatory body instead of its current multi-pronged structure. But he believes this could be a long time coming.

"If it happened in the next 10 years I would be very happy," Tong told a Hong Kong Investment Funds Association luncheon on August 24.

Tong has presented a motion in LegCo calling for a review of Hong Kong's regulatory framework to improve the

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