12/17/2020
These swap facilities reinforce the improvements in global USD funding conditions and provide certainty to market participants that USD funding will remain available to meet their needs.
12/17/2020
SFC licenses first virtual asset trading platform
Regulators in other major markets have also announced plans to regulate virtual asset trading to address concerns about anti-money laundering and consumer protection.
12/17/2020
Test Chambers and Partners Asia Pacific Guide
They also facilitate the provision of legal advice in Guernsey, Isle of Man, Mauritius and the Seychelles.
12/17/2020
Indonesia begins merger of 3 state-owned Islamic banks
Process to be completed by February, Bank Syariah Indonesia will be country’s largest Islamic bank
12/16/2020
SGX Launches New Sustainability Platform, Plans New ESG Products
The addition of third-party ratings builds on mandatory sustainability reporting, which SGX implemented since 2016.
12/16/2020
Improving Operational Resilience: A Priority for the Year Ahead
But operational resiliency is not a new concept. In fact, the industry has been keenly focused on ways organisations can prepare for and respond to potentially disruptive events for decades.
12/16/2020
Bursa Malaysia, Shenzhen Bourse Cross-Promote Indices
The CNI-Bursa Malaysia 50 Index is a new index jointly developed by Bursa Malaysia and SZSE, representing the first cross-border co-branded index to be displayed on the SZSE.
12/16/2020
‘Star’ Chinese banker jailed for life for stealing US$400 million from clients in Ponzi scheme
The court rulings put an end to one of the most high-profile bank frauds in China, which was exposed in April 2017 when Zhang was detained by police over what the bank described as “personal moral deficiencies”.
12/16/2020
Regulation Asia Awards for Excellence 2020 – Results Announcement
Regulation Asia’s editorial team was charged with assessing the submissions received to identify those with the most merit in each category.
12/16/2020
This was intended to enhance transparency about IDR activity and performance across the finance sector.
12/16/2020
Entry into force of the amendment protocol to DTA with New Zealand
The protocol implements the minimum standards for double taxation agreements (DTA).
12/16/2020
The cancellation of Migration Cover’s AFS licence is part of ASIC’s ongoing efforts to improve standards across the financial services industry.
12/16/2020
As Australia’s financial safety regulator, APRA will closely monitor the return of deposits to ensure all funds are returned to Xinja depositors in an orderly and timely manner.
12/16/2020
ASIC considers the ability to use a reduced-disclosure prospectus a privilege that is dependent on compliance with other aspects of the law, including that companies meet their ongoing disclosure obligations.
12/16/2020
Redefining the supply chain finance landscape
Maintaining a sustainable programme to mitigate supply chain disruption
12/16/2020
The team was led by Funds & Investment Management Partner, Ann Ng and assisted by Associate, Dan Won.
12/15/2020
And we feature an overview piece from the LIBFC's CEO Farah Jaafar sets out how "an innovative and forward-looking intermediation centre" has developed over the years to now offer one of the widest and solutions in Asia.
12/15/2020
In determining the appropriate level of dividends, APRA expects ADIs and insurers to remain vigilant, regularly assess their financial resilience through stress testing, and undertake a rigorous approach to recovery planning.
12/15/2020
StanChart Singapore was in August named the country’s first SRFB, with MAS looking to further boost the SRFB framework to possibly offer an additional full bank licence.
12/15/2020
The lack of access to these audits in the US have been a continued source of tension after Luckin Coffee fraud was exposed.