03/16/2021
ASIC is concerned that these alleged failures resulted in significant consumer harm, including in circumstances where many customers were experiencing financial hardship due to the COVID-19 pandemic.
03/16/2021
Fair Finance operated in the business and personal services industry and LD Scaffolding and DLP Scaffolding were involved in construction and labour hire services.
03/16/2021
The ADI industry was resilient in the December quarter, with high capital ratios and strong liquidity and funding positions.
03/15/2021
Socso contributions are compulsory and are deducted from employees’ monthly salaries.
03/15/2021
The risk indicators provided in the new report are derived from a sampling of data received by the FATF and the Egmont Group.
03/15/2021
ASIC found that Mr Bhandari acted dishonestly while assisting consumers to find and consolidate their superannuation and obtain hardship payments.
03/15/2021
Hong Kong Banks Ready for Greater Bay Area Dive
03/12/2021
The CSI 300 Index closed 0.66 percent higher on Wednesday (10 March), though gains were capped by concerns of policy tightening.
03/12/2021
The MMT considered that Magic’s breach of the disclosure requirement was all the more serious
03/12/2021
The BOT has announced the results of tests on its CBDC for Business Prototype Development Project.
03/12/2021
The measures included requirements for PEFs to undergo regular audits, adopt new valuation guidelines, conduct regular liquidity stress tests, and cap leverage at 400 percent of assets.
03/12/2021
ASIC Commissioner Danielle Press said, ‘ASIC first took action in this matter because the law requires that financial advisers act in their clients’ best interests.
03/12/2021
On the same day, AxiCorp applied to the Administrative Appeals Tribunal (the Tribunal) for a review and stay of ASIC’s suspension decision
03/12/2021
Having carefully considered the results of ASIC’s investigation, APRA has determined to close its investigation.
03/11/2021
SPACs are shell companies that raise money via an initial public offering for the sole purpose of acquiring another firm.
03/11/2021
The BOJ-FSA letter is aimed at helping financial institutions better understand the need to urgently take action to prepare for the cessation of LIBOR, in light of the latest announcements.
03/11/2021
The deferred sales model introduces a four-day pause between the sale of a principal product or service and the sale of an add-on insurance product.
03/11/2021
“These asset managers will be valuable partners to MAS and the investor community in the sustainability journey,”
03/11/2021
The easier liquidity rules, after an extension in August, have been scheduled to end this month. The FSC has now decided to extend the measures until end-September.
03/11/2021
The banks lack staff for functions ranging from counting money to providing payroll services to companies, the Financial Times reports.