07/27/2020
The Financial Services Commission vowed earlier in July to inspect over 10,000 pooled funds created in Korea to prevent alleged frauds orchestrated by Lime Asset Management and Optimus Asset Management, among others.
07/27/2020
The report suggests that the COVID-19 crisis could push Indian banks’ gross bad loans to their highest in two decades.
07/27/2020
"HSBC has not fabricated evidence or concealed facts, nor will it distort facts or harm any customers for our own benefit."
07/27/2020
Before the acquisition, Vantage alleged Macquarie pushed its owners Big Apple Energy and Clear Choice Energy into bankruptcy to take control of its business and to cover up the mistakes of a senior banker.
07/27/2020
Dubai-Chengdu bridge to benefit FinTech firms in both jurisdictions
07/27/2020
China’s new national security law has further deteriorated ties between the world’s largest and second largest economies, which were already frayed by their long-running trade war.
07/26/2020
The relevant incentive schemes are the Pioneer Industry Award, Pioneer Service Award, and Development and Expansion Award.
07/24/2020
Credit Suisse has sought to limit to court battles over Patrice Lescaudron, the bank’s former star wealth manager, to Geneva where he was convicted in 2018.
07/24/2020
“It is natural for financial institutions to assess operational risks,”
07/24/2020
The poll was conducted among 170 corporate treasury, finance and legal executives in Asia Pacific via an virtual roundtable on 8 July
07/24/2020
As reported, the case relates to bond sales that Goldman Sachs arranged and underwrote for 1MDB, from which the US Justice Department alleges $4.5bn was stolen to which the bank said the charges were "misdirected".
07/24/2020
As advised by the HKMA, AIs should implement a detailed work plan (by product and by business line) to achieve the milestones. If they anticipate difficulties in achieving the milestones, they should reach out to the HKMA as soon as possible.
07/23/2020
The team was led by Nathan Powell, working with Janice Chu and Jenson Ng.
07/23/2020
The Law anticipates application under both the jurisdiction of the HKSAR and of Mainland China (the Mainland).
07/23/2020
A Herald on Sunday investigation found during the peak of Blue Chip's operation he was a big-spender at an Auckland brothel.
07/23/2020
The regulator said it would have been open to seeking special leave to appeal to the High Court but it is mindful of the impact of the additional time it would take to resolve during the current economic environment.
07/23/2020
Breaches of the act had occurred over a five-year period, and he said “aggravating conduct” included multiple attempts to mislead the department.
07/22/2020
Plaza, in the previous forum, highlighted Peza’s 10-point programme, citing plans to build ‘eco-towns’, ‘eco-cities’, and new metropolitan areas in every region in the Philippines.
07/22/2020
Malaysia’s attorney-general, Idrus Harun, will lead the country’s discussions with Goldman Sachs and while both sides undoubtedly hope to reach an agreement, «it depends on what GS is bringing to the table».
07/22/2020
The harmonised power to impose requirements on technology risk management, and the provision of statutory protection from liability to mediators, adjudicators and employees of an operator of an approved dispute resolution scheme.