01/20/2021
The material failures of Goldman Sachs and Westpac highlighted the need for financial institutions to go back to basics in understanding the underlying reasons for AML laws and why financial crime controls and oversight are so important.
01/19/2021
The government is likely to continue to rely on macro prudential measures to address its concerns for the housing market while interest rate normalization is likely premature given the uncertainties.
01/19/2021
In his Facebook post, Hui asked HSBC to explain why members of his family were also “collectively punished”.
01/19/2021
The GBA is a cluster of 11 cities in southern China’s Guangdong province – including Hong Kong and Macau – that forms the nucleus of one of the world’s fastest-growing economic regions.
01/19/2021
Internet deposit products have initially been launched by commercial banks with the help of online platforms that count a large userbase.
01/19/2021
The banning of Mr Pavlidis will be recorded on ASIC’s publicly available Financial Advisers Register and the Banned and Disqualified Persons Register.
01/19/2021
The House of Representatives approved its own version of the AML Act amendments last December.
01/18/2021
The protocol was launched in October 2020, intended as a safety net to mitigate the systemic impact of an IBOR cessation in the worst-case scenario.
01/18/2021
"We expect Asia-Pacific central banks to remain on hold through 2021 for the most part," Shaun Roache, chief economist for Asia-Pacific at S&P Global Ratings, told Market Intelligence by email.
01/18/2021
Singapore is one Asian market where such changes are already taking place.
01/18/2021
Most of the recipients were fund management companies.
01/17/2021
SoftBank Corp and Mizuho Financial Group Inc announced in June they would partner up on financial services via smartphones
01/15/2021
“We are pleased to announce that development has been successfully completed and CONNEQTOR will go live on 1 February 2021.”
01/15/2021
ASIC is a member of the Phoenix Taskforce, which comprises federal, state and territory government agencies who collaborate to combat illegal phoenix activity.
01/15/2021
HFS’s director Colin Williams noted that those figures should be looked at very carefully as some of them might be backdated into 2020 since the licensees had 30 days to report their adviser movement.
01/15/2021
The firm exhibits keen knowledge and fast turnaround times in banking transactions including real estate related financing matters.
01/15/2021
Credit Agricole structured the landmark deal, which is Ministry's second since July 2020
01/15/2021
Under the Rules, a Chinese person must tell the ministry within 30 days if a third state or region has prohibited or restricted their activity by law or other measures.
01/14/2021
The firm will be competing against several foreign quant managers that have entered China's private market. It also intends to apply for a QDLP licence.
01/14/2021
The economic impact of the moves will be a key topic at the two-day policy meeting ending on Jan. 21, the people said.