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Causeway Securities, Hong Kong
A UK-authorised structured investments specialist, Causeway Securities, late last week confirmed that the Hong Kong Securities and Futures Commission has granted its Hong Kong subsidiary approval-in-principle. 

The subsidiary is Causeway Securities (HK) Limited. Full authorisation is expected imminently, Causeway said in a statement on Friday. 

The firm’s entry into the Asia-Pacific arena is takes its total market presence to six since it was founded in Belfast, Northern Ireland, in 2016. It is also present in London, South Africa, the UAE, the European Union and the US.

Once licensed, Causeway Securities (HK) Limited will offer professional and institutional clients in the region access to a range of defined outcome investment strategies, it said. 

“Asia has led the way in technological advancements in the asset class and volumes consistently exceeded both the EU and Americas combined,” Conor O’Donnell, CEO of Causeway Securities Ltd, said.

Edward Liu, Asia CEO at Causeway Securities, said the firm is a “strictly independent, pure-play structured product specialist with no competing wealth management arm”.

Causeway Securities Ltd authorised as a brokerage by the Financial Conduct Authority, and sister entities are registered by regulators such as the SEC in the US, Portugal’s CMVM, the DIFC in Dubai, and the Financial Conduct Authority in the UK.