06/01/2020
The company is currently merging with parent Allianz Group’s bond management arm Pacific Investment Management Company, or Pimco, to become a 100 billion euro property unit.
06/01/2020
Beijing is using fear and pressure to drum up support for its increasingly hard-line stance in the Asian financial capital, threatening its status as a global business center.
06/01/2020
GPIF has formed partnerships for sustainability and green bond investments with 14 multilateral development banks and financial institutions.
06/01/2020
Australian superannuation fund assets fell 7.77% to A$2.73 trillion (US$1.8 trillion) as of end-March 2020 from A$2.96 trillion at the end of 2019.
06/01/2020
The most encouraging and crucial research findings are that Australia can substantially improve its fintech positioning in the world
06/01/2020
The Age and The Sydney Morning Herald last month revealed ME Bank had restricted withdrawals from mortgage redraw accounts at the height of the coronavirus pandemic without warning customers.
06/01/2020
Bonnie Glaser, Director, China power project at the Centre for Strategic and International Studies, said: “Ultimately we could see capital flight. We could see US businesses moving out of Hong Kong, expats leaving, and the end to Hong Kong as an int
06/01/2020
SCB agreed to settle OFAC’s claim for $132m regarding 911 transactions worth around $133m to or through the United States in violation of Iranian Transactions and Sanctions Regulations (ITSR).
06/01/2020
RBI said the statutory inspection of the Indian operations of the bank for its financial positions as on March 31, 2017 and March 31, 2018 and the Risk Assessment Reports (RARs) revealed contravention with the provisions of the Act and non-compliance with
05/29/2020
Untersteiner urged financial firms to provide early, proactive communication with consumers following an increase in complaints relating to COVID-19.
05/29/2020
ASIC found that the three directors failed to act in the best interests of the members of the Investport Income Opportunity Fund.
05/29/2020
At the moment, its liquidators estimate there will be a $79 million shortfall.
05/29/2020
The purpose of this report is to help our clients better understand what “business as usual” in our jurisdictions* actually means.
05/29/2020
These metrics will help financial institutions validate the fairness of their AIDA solutions in the two use cases.
05/29/2020
The World Bank previously approved several financial packages to help the country in its coronavirus response.
05/29/2020
This article seeks to explain the requirements and processes of the enforcement of Mainland judgments in Hong Kong.
05/28/2020
“For some the only way forward ... may be to exit the industry and pass on the trusteeship of their funds to others who are better equipped for the task.”
05/28/2020
This is especially true to the extent the initiative would help grow the US business in the US market and, through cooperative efforts with the Asia partner, enable a US company to expand its products and services in Asia markets.
05/28/2020
The regulator didn’t specify the other indices that are now allowed.
05/28/2020
At present, a mutual fund is only required to have a minimum of 20 investors, and an individual investor can hold up to 25% of the net asset value.