01/15/2020
The move is part of government efforts to build on Singapore’s traditional strength as a financial center and reduce the economy’s reliance on more volatile sectors such as trade.
01/15/2020
VCCs are also eligible for tax exemptions.
01/15/2020
The Financial Rights Legal Centre and Consumer Action Law Centre says the enhanced privacy protections in the government's consumer data right legislation are crucial to protect customers
01/14/2020
Independent asset manager Raintree Asset Management, run by Bank of Singapore’s former DPM head, has started onboarding clients.
01/13/2020
Makoto Kinone talks to Arab News during Japanese Prime Minister Abe’s visit to the Gulf
01/13/2020
Impact could be huge if licensed firms use city-state as gateway to region
01/13/2020
Tonik believes the Philippine banking sector was ripe for a digital disruption, in line with the trend in other markets, where digital-only “neobanks” have rapidly captured millions of customers and attracted over $5 billion of global investor
01/13/2020
It is asking respondents to reply with conceptual architecture of their proposed solution, the cost of implementation, risks and benefits.
01/12/2020
Crypto-investors and users, as well as crypto-asset service providers, are exposed to high risks.
01/12/2020
Former chairman Jiang Xiyun was found guilty of corruption and sentenced to death in December, with a two-year reprieve.
01/12/2020
FSS to keep tight grip over asset manager throughout dispute settlement process
01/12/2020
The arbitral tribunal arrived at a split decision on the question of its jurisdiction, with the majority determining the issue in favour of the seller.
01/10/2020
Banking complaints include cases concerning general banking services and conduct-related issues.
01/10/2020
The FIL requires that within a five-year transitional period, existing FIEs shall reform their corporate governance structures
01/09/2020
APRA’s onsite inspections are part of a strategy to strengthen and sharpen governance, culture, remuneration and accountability frameworks across the industry following widespread opinion that it needed to take a tougher line.
01/09/2020
Capitalizing on Saudi Arabian opportunities aside, the branch launch marks another step towards for China towards further internationalization through its financial entities.
01/09/2020
The credit watchdog, nevertheless, pointed out that credit implications of the surge in property prices for Philippine banks will depend partly on their underwriting standards.
01/09/2020
Apart from Japan, OTC Clear is also recognised by authorities in the US, European Union, and Australia to offer clearing services to their financial institutions.
01/08/2020
Top concerns: For 2020, nearly eight in ten (79%) respondents flagged the further deterioration of US-China relations as a top concern, followed by very weak global growth (66%) and weakening growth in China (53%).
01/08/2020
The SFC’s Licensing Handbook published in February 2019 states that a PE firm may be required to be licensed for one or more types of regulated activities depending on the types of business it conducts in Hong Kong.