06/10/2020
Excluding the aged fee receivables from liquid capital calculation under the FRR would have resulted in monthly liquid capital deficits varying from $335,000 to $449,000 for Potomac from February to May 2017 (Note 2).
06/10/2020
The proposals also emphasise the continued importance of ensuring that REITs operate primarily as recurrent rental income generating vehicles.
06/10/2020
And Aviva has become the first major backer of the banks to put on record their objections to the decisions.
06/10/2020
The new division, headed up by a ‘chief digital strategy officer’, will be tasked with studying (among other things) the use of artificial intelligence and big data to provide more precise economic data and forecasts.
06/10/2020
The Basel Accords are a series of international banking regulations that were created by the Bank for International Settlements (BIS) to enhance bank capital and reduce market and operational risk within the global banking system.
06/09/2020
Hong Kong’s role as a global financial hub will be further consolidated, the CBIRC spokesperson added.
06/09/2020
Malaysian Minister of Finance Tengku Zafrul Aziz, who joined the three-month-old government from the corporate world, said that he had held a conversation with Goldman Sachs representatives last month.
06/09/2020
"ASIC needs to show the world how tough it is,"
06/09/2020
ASIC deputy chair Daniel Crennan agreed that the bank's conduct was the result of inadequate internal processes
06/09/2020
The law seeks to ban acts or activities that endanger Hong Kong’s security, such as subversion and terrorism.
06/09/2020
The city’s de facto central bank has sought to allay concerns, saying it has all the means necessary to defend the Hong Kong dollar’s peg to the greenback.
06/09/2020
This decision offers additional comfort to Mainland administrators that the Companies Court in Hong Kong is prepared to remove hurdles to assist the performance of their duties within Hong Kong.
06/09/2020
The new acceptable use policy makes it clear that it is unacceptable to use our digital services to stalk, harass or intimidate any person and if we see this we may refuse transactions or close a perpetrator’s account entirely.
06/08/2020
As reported by FT top Manager of one Singaporean Bank having an office in Hong Kong, the growth of deposits in foreign currency was “higher than usual” – 20% from April 2019.
06/08/2020
The insurance industry saw a total of USD3.07 trillion in its total assets, increasing 13.7 percent compared to a year ago.
06/08/2020
CIMB Chief Steps Down to Take Finance Minister Role
06/08/2020
The new law is now being drafted and is expected to promulgate in Hong Kong in the coming months.
06/08/2020
In Australia’s case, Frydenberg said the new rules are not aimed at China, and that the foreign investment framework will “remain non-discriminatory”.
06/08/2020
These replace the previous regulations on the security review of network products
06/08/2020
The growth in foreign currency deposits has come from diverse sources and for varied reasons.