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.
01/08/2020
He has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.
01/07/2020
Jho Lows's holdings – which include fine art, a $35 million Bombardier private jet, and a $250 million luxury yacht – were confiscated.
01/07/2020
Nippon said deteriorating conditions in the Australian life insurance industry are to blame for the challenges facing MLC.
01/07/2020
Fiona has almost 20 years of offshore and onshore experience in the Asian market.
01/07/2020
The FSC will announce which banks qualify in March.
01/07/2020
The opportunity for regulation is clearly now, when the industry is yet to go in full swing