01/02/2024
He cited doubts about the integrity of commercial real estate loans in major countries and a mid-sized local developer that was forced to restructure its heavy debt load as some of the warning signs for the economy.
01/02/2024
The January review comes as the Monetary Authority of Singapore shifts to a quarterly schedule of policy statements in 2024 from semi-annual.
12/28/2023
A&O has previously advised the ROP on offerings from its U.S. SEC shelf programme, including its first zero-coupon bond offering, its first euro bond offering in more than a decade and a bond offering to supports its pandemic-mitigation efforts.
12/28/2023
The move aims to keep liquidity reasonable and ample at the end of the year
12/28/2023
Numerous banks have been used by the suspects in some form including UBS, Deutsche Bank, Citi, CIMB, DBS and Bank of Singapore.
12/28/2023
The RMs had provided clients with inaccurate or incomplete post-trade disclosures, resulting in clients being charged spreads which were above bilaterally agreed rates for 39 over-the-counter (OTC) bond transactions.
12/27/2023
The move will benefit around 160 port authority workers and 20 from the customs bureau.
12/27/2023
Analysts warn of the complexities in distinguishing clean from ‘dirty’ money in frozen accounts
12/22/2023
ASIC Deputy Chair Sarah Court said, ‘ASIC took on this case to clarify the steps that an insurer must reasonably take before avoiding an insurance policy on the basis of fraudulent non-disclosure.
12/22/2023
The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions.
12/22/2023
Deputy Public Prosecutor Janice See said that Xie did not conduct any due diligence beyond a simple online search.
12/22/2023
Since January 2023, there have been at least 41 victims, with total losses amounting to at least $2.6 million.
12/20/2023
Thereafter, MAS may terminate the suspension, extend it or take further measures.
12/20/2023
Central Wealth’s failure to ensure the accuracy of the financial returns was mainly attributable to its failure to appoint qualified and competent persons to prepare and review the financial returns.
12/18/2023
Citi targets to seek approval end of 2024 after tech buildout
12/15/2023
Four lawyers have been individually recognised for their expertise in this category.
12/13/2023
An FMC must conduct substantive fund management activity for all its segregated mandates and funds.
12/13/2023
On 6 December 2023, Mr Mink withdrew his application for stay and confidentiality orders.
12/12/2023
Larger and more complex banks are also required to hold capital against this risk.
12/12/2023
The FSCP makes administrative decisions on matters referred to it by ASIC that relate to the conduct of financial advisers.