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.
12/03/2020
The breaches, which were identified during 2019 and 2020
12/03/2020
A brighter outlook but recovery will be gradual
12/03/2020
ASIC is currently monitoring over 100 remediations that could see the return of at least another $3.55 billion in total to over 3.6 million consumers upon finalisation.
12/03/2020
FPS turnover has also grown steadily. In October 2020, the average daily turnover reached 452,000 real-time transactions (worth HKD 4.4 billion and CNY 44 million), an increase of nearly twofold from December 2019.
12/03/2020
Trainees will complete a traineeship period which will make up at least 30 percent of the university programme duration.
12/03/2020
The HKEx study noted that ESG investment strategies had become increasingly popular with investors, driven by multilateral initiatives such as the Paris Agreement and the United Nations Sustainable Development Goals, “as well as the growing market d
12/03/2020
Trustees often have limited data about members’ occupations.
12/03/2020
“The unemployment rate currently stands at 7% and we are expecting it to be still above 6% in two years time.”
12/02/2020
The central bank didn’t set a limit on the number of licences it will issue but says there may be a cap depending on the number of applications.
12/02/2020
Moreover, China’s domestic growth is uneven and has been fueled by rising levels of debt.
12/02/2020
The Ogier corporate team was led by partner Nathan Powell
12/02/2020
This may affect, for example, some licensing applications, some product applications, and our public complaints and enquiry service.