10/28/2019
Now, the new law mandates customer due diligence not just for transactions that bust that budget, but also if the dealer suspects money laundering or has doubts about other information that was given by the customer.
10/28/2019
Fonacier's statement was made close on the heels of the Filipino government’s enactment of a law to promote Islamic finance which was signed by President Rodrigo Duterte in late August.
10/28/2019
ASIC will use its licensing power, including through the imposition of tailored licence conditions to address governance weaknesses
10/27/2019
The global banking and markets and commercial banking units may bear the brunt of the reductions, sources said
10/25/2019
Singapore’s officials have emphasized that the disruptions in Hong Kong aren’t helpful for the region’s economies, even as some figures suggest it’s gaining from the turmoil in its financial-center rival.
10/25/2019
The fund has been reported to have raised over USD120 million across Europe and Asia.
10/25/2019
The event aims to bring together investors, fund managers, bankers and lawyers for education and networking within the fund finance market.
10/25/2019
In the last 12 months the team, which is widely recognized in the aviation finance sector for its expertise, won the ‘Overall Deal of the Year' award at the Airfinance Journal Awards.
10/25/2019
ASIC also found KP International’s professional indemnity insurance cover had exclusions that made it inadequate for the licensee’s business and any liabilities arising from potential compensation claims.
10/25/2019
A speech by ASIC Commissioner Cathie Armour at the China Financial Summit 2019, 22nd China Beijing International High-Tech Expo, Beijing, 23 October 2019.
10/25/2019
The extra cash is welcome news for Singapore, whose economy is slowly slipping towards a recession as speculation grows that Prime Minister Lee Hsien Loong will announce an election well before one is due in April 2021.
10/25/2019
oday, Malaysia has three licensed and fully operational robo-advisors — namely StashAway, MyTHEO and Wahed Inc.
10/24/2019
The deeper problem isn’t that national anti-money laundering laws are being flouted.
10/24/2019
Financial-sector staff also charged with criminal breach of trust, money laundering
10/24/2019
And it has done reasonably well so far in putting in place due-diligence requirements for financial institutions that handle wealth on behalf of both local and offshore entities.
10/24/2019
Staying ahead of the game - A firm-wide commitment to compliance Guests agreed that it is essential to take a proactive approach to regulation and compliance
10/24/2019
The Kingdom has some of the largest oil reserves in the world and is a major producer and exporter of energy.
10/23/2019
This MOU affirms the close partnership between both regulators.
10/23/2019
Sources also added that KPMG is currently advising the Oetker family, the controlling shareholder, on the potential sale of Bankhaus Lampe.
10/22/2019
Foreign investors would also need prior approval to appoint directors or to propose the sale of certain operations of the companies they invest in.