11/10/2020
At its fourth annual meeting with MAS management on 5 November 2020, the Panel shared its insights on cyber risks in the new operating environment and made several recommendations.
11/10/2020
In light of the current environment, the government has focused its efforts on maintaining liquidity, guiding market interest rates lower, increasing re-lending and rediscount limits, and introducing credit loan support for SMEs.
11/10/2020
“There is also a potential, and inward focus into the Philippines from Qatar, around the area of Islamic finance or Islamic banking,” he said.
11/10/2020
Seven firms received the quotas for the first time.
11/10/2020
IFC research estimates that cities in emerging markets alone have the potential to attract more than $29 trillion in climate-related investments by 2030.
11/10/2020
A president who has laid siege to environmental causes over his four years in office has been replaced by another septuagenarian who wants the world's biggest economy back in the Paris Agreement.
11/09/2020
HSBC Sues Hin Leong Owners
Some 23 banks reportedly lent a total of $3.85 billion to the troubled oil trader, with HSBC reportedly believed to have the largest exposure.
11/09/2020
The central bank has also banned former bank employees from the industry for allegedly falsifying documents for Wirecard.
11/09/2020
Mutual funds can invest in overseas ETFs up to USD 200 million, subject to an overall industry limit of USD 1 billion.
11/06/2020
Singapore and Indonesia Central Banks Extend Swap Arrangement
It comprises a local currency bilateral swap agreement that allows for the exchange of local currencies between the two central banks of up to S$9.5 billion or IDR 100 trillion
11/06/2020
The matter is being prosecuted by the Commonwealth Director of Public Prosecutions following a referral from ASIC.
11/06/2020
Mr Wang admits that on each occasion he falsely certified that he, as the sole fit and proper person of his credit licence, had not had his accreditation cancelled or suspended by a lender for reasons other than volume.
11/06/2020
APRA Announces A$35b Reduction in Committed Liquidity Facility
Banks are required to make every reasonable effort to manage their liquidity risk through their own balance sheet management before applying for a CLF.
11/06/2020
The amendments to the PDPA are timely in the fast-changing landscape of the digital economy, and bring Singapore’s personal data protection laws up to date and aligned with international standards, such as the GDPR.
11/06/2020
Ant IPO Suspension Needed to Protect Investor Rights: CSRC
The changes to the regulatory environment for fintech businesses cited by regulators are expected to impact the company’s business structure and profit model, which constitutes material issues at pre-listing stage
11/06/2020
Former advisers face huge fines
Acworth is currently on bail, with the matter scheduled to be heard again on 29 January 2021.
11/06/2020
BNP Paribas launches securities lending services in Hong Kong
Mr. McDonald will be responsible for trading activities and developing services for institutional lenders and borrowers in the Asian region.
11/06/2020
Apple must face shareholder lawsuit over CEO Cook's China sales comments
The lowered revenue forecast was the first by Cupertino, California-based Apple since the iPhone’s launch in 2007.
11/05/2020
The move is aligned with international norms and major jurisdictions have already stopped issuing such large denomination notes.
11/05/2020
Large Fund Managers would also be required to assess the relevance and utility of scenario analysis for evaluating the climate resilience of their strategies and keep internal records of those assessments.