12/08/2020
The SFC also began a consultation on proposals to amend the anti-money laundering and counter-financing of terrorism guidelines to align with international standards and provide guidance for applying these measures in a more risk-sensitive manner.
12/08/2020
Given the Australian banking sector is well-capitalised, the proposed changes are not expected to require ADIs to raise additional capital.
12/08/2020
Top bank regulator lists criteria for determining threats to financial system
12/08/2020
The magistrate, Jennifer Atkinson, did so on Tuesday, and the Federal Court proceedings are due to kick off before Justice Michael Wigney next Tuesday.
12/08/2020
Yue Kan intends to apply the net proceeds from the Share Offer to expand its fleet of vessels and site equipment and recruit additional staff to operate these vessels and equipment.
12/08/2020
Goldman has previously indicated it would double its headcount in China to 600 people by 2025 as part of its expansion plans.
12/08/2020
The Geneva-based asset manager plans to launch a Hong-Kong domiciled Asia fixed income product.
12/08/2020
These measures will build on existing areas of collaboration and facilitate financing and investment activities in support of a post-COVID-19 recovery in Singapore and China.
12/07/2020
The bank is considering compensating investors up to a fifth of original investments in the products and shouldering all losses in negative territory, sources told Reuters in May.
12/07/2020
The Ministry of Manpower and GovTech have developed a digital financial planning service, MyMoneySense, that makes use of SGFinDex to provide Singaporeans with an overview of their finances.
12/07/2020
The consultation report describes the concerns related to market data access, costs and fairness, asking for industry views on the issues and how regulators should respond.
12/07/2020
Under the proposed investor identification regime, expected to be implemented in Q1 of 2022 at the earliest
12/07/2020
ICBC, Agricultural Bank of China, Bank of China, and China Construction Bank will automatically be included in the D-SIBs list, as they are already classified as G-SIBs using the BCBS (Basel Committee on Banking Supervision) assessment methodology.
12/07/2020
This will give us the option to explore an additional banking license.
12/07/2020
The licences were awarded to the Grab-Singtel consortium, a Sea Limited subsidiary, an Ant Group entity, and a consortium formed by a Chinese property giant.
12/07/2020
Commonwealth Bank of Australia is a step closer to providing better access to European markets for its institutional clients post-Brexit.
12/04/2020
The proposed corporate rescue procedure will allow the appointment of a provisional supervisor to act as a distressed company’s agent while it is continuing to act as a going concern.
12/04/2020
ASIC also alleges that Mr Naseeruddin misused his position as a director of Secure Investments for his own benefit by using funds invested with the company to purchase shares for himself in a security company.
12/04/2020
Although also a driver of monetary policy, PBoC differs from other major central banks such as the U.S. Federal Reserve and the European Central Bank in that it is not an independent institution but an entity directly under the State Council
12/04/2020
On the other hand, it will enable high-quality investors from Asean and the world to participate in and share the fruits of regional economic growth.