11/26/2019
Together, they articulated the VP Bank proposition and explained how the bank is adroitly adapting its business model to seize the plentiful opportunities that lie ahead.
11/25/2019
This is our initial take on the decision with more detailed analysis to come over the next few days.
11/25/2019
Each breach carries a penalty of up to A$63,000. Westpac is accused of 23 million breaches.
11/25/2019
In cases where the insurance arrangement is for a term of three years or more, APRA will require the certification once every two years.
11/25/2019
The financial services industry and wider community has just over two months to make submissions to the government's retirement income review.
11/25/2019
Morningstar distributes its credit research to large adviser groups, often packaged with the firm's equity research.
11/25/2019
Committee chair, Tim Wilson MP, labelled the practice "suspicious" given the rollover fund charges a fee, while the ATO does not.
11/25/2019
The companies will also collaborate on financial data services, market-making and regulatory compliance.
11/25/2019
The HKMA and the banking sector will continue to contribute to AML/CFT efforts in Hong Kong
11/22/2019
Tech-Savvy Startups are Applying for Singapore’s Digital Banking Licenses
As per Pengeluaran SGP, the country has started digital bank licenses after the tech giants like Google and Alibaba started offering full-service banking.
11/22/2019
Longer-term Singapore government bonds facing headwinds: DBS
The SGS and interest-rate swap (IRS) curves, which are highly correlated to DM rates, have also followed suit, he added.
11/22/2019
Nine banks back Singaporean trade finance initiative, DBS Bank explains three key benefits
Users can receive real-time status updates on their applications, improving efficiency and productivity for both banks and those looking to access trade finance. Alongside improved efficiency, a duplicate invoice check feature will also help prevent the d
11/22/2019
The notion that any child has been hurt as a result of any failings by Westpac is deeply distressing and we are truly sorry.
11/22/2019
Another 140 charges of a similar nature were taken into consideration
11/21/2019
MAS mulls regulating trade of payment token derivatives
MAS said it still does not view payment token derivatives to be suitable for retail investors to trade.
11/21/2019
The report highlights that while a number of jurisdictions have adopted or are considering adopting open banking frameworks, these frameworks vary across jurisdictions in terms of stage of development, approach and scope.
11/21/2019
Wirecard's shares have whipsawed after several media reports raised questions about accounting methods, all of which the company has rejected.
11/21/2019
KPMG member firms across the region recently surveyed more than 20 large banks in Hong Kong, Indonesia, Malaysia, the Philippines and Singapore on their readiness for the LIBOR transition.
11/21/2019
Payment tokens and their derivatives are, however, not suitable for most retail investors
11/21/2019
Flexible account structures enable synthetic access to restricted markets and hard-to-borrow securities as well as access to cash markets with optimised lending and solutions for financing and asset protection.