08/09/2019
Papua New Guinea Launches UBS Loan Investigation
The scope is not only confined to investigations in this country,» he said from a local news broadcast covered by
Legal, Regulation & Compliance
08/09/2019
No More Bailouts? China's New Approach to Bank Stress
If that proves to be the case, it would represent another shift for the country toward more market-oriented practices.
08/09/2019
Strategic restructuring, customer experience and smart technology are key drivers for China banks' success - KPMG
China's banking industry has undergone many years of reform. Rising costs of compliance, system maintenance and human resources
08/08/2019
Appleby Hong Kong shortlisted in four categories at The Macallan Asian Legal Business Hong Kong Awards 2019
The prestigious awards aim to pay tribute to the outstanding performance of private practitioners and in-house teams in Hong Kong and around the region.
08/08/2019
SEBI releases consolidation paper recommending changes to PMS regulatory framework
The challenge comes in the difficulty in calculating PMS returns, as the portfolios under each scheme are not standardised.
08/08/2019
ASIC Proposes Regulatory Guide on Whistleblower Policies
Proposed Regulatory Guide Whistleblower policies explains how companies can establish, implement and maintain a policy.
08/08/2019
HSF commits long-term to China
Firms adds China law capability following the approval of a joint operation with Kewei
08/07/2019
SFC bans former UBS director for life
The case was referred to the SFC by the Hong Kong Monetary Authority.
08/07/2019
Appleby advises China Oil and Gas Group Limited on its issuance of USD 320 million senior notes
Appleby’s Corporate Finance team brings together colleagues from across the globe group to advise some of the world’s most prominent financial institutions and corporations on all aspects of international corporate finance law.
08/07/2019
Chinese tycoon Li Jianhua fights daughter over Canada real estate fortune
The former Chinese politician denies ‘each and every allegation’ by daughter Carol Li Xiaoqi in their battle over Vancouver assets worth millions
08/07/2019
Prudential raises CPF contribution rate for older workers to match that of younger staff
The workers' contribution drops as well, to 13 per cent, 7.5 per cent and 5 per cent respectively.
08/07/2019
Appleby Advises China Oil and Gas Group
China Oil and Gas is a national piped gas operator in China focused on providing natural gas to end customers
08/07/2019
MAS Launches Sandbox Express for Faster Market Testing of Innovative Financial Services
Eligible applicants can begin market testing in the pre-defined environment of Sandbox Express within 21 days of applying to MAS instead of taking a longer time to customise their sandboxes under the existing FinTech Regulatory Sandbox.
08/06/2019
Global sukuk issuances up 5.5% in 2018
The steady issuance volume is due to sovereign sukuk issuances from Asia, GCC countries and Africa
08/06/2019
Yuan's slump puts Asia's central banks on alert
The market turmoil may give Asian policy makers reason to pause just as the Federal Reserve's rate cut last week gave them space to pursue looser policy.
08/06/2019
HSBC cutting 4,000 jobs as CEO makes shock exit
Global headcount to go down by 2%; bank says it remains committed to Singapore ops
08/06/2019
MAS Targets Market Abuse with Proposed New Requirements
Given the reluctance of some foreign intermediaries to provide client information to competing firms in Singapore
08/06/2019
ANZ scraps individual bonuses
The bank confirmed a limited number of senior staff "with an increased ability to impact on ANZ's performance" will retain a portion of 'at risk' pay based on their individual performance, while the executive committee will contin
08/06/2019
JPMorgan confirms winning bid to take majority stake in China fund JV
A 2% percent stake in the JPMorgan China fund management JV, China International Fund Management (CIFM), changed hands on Friday in an auction at the Shanghai United Assets and Equity Exchange, a deal post on the exchange showed.
08/05/2019
AMP MDA constraints frustrate advisers
The spokesperson explained that AMP Financial Planning is working through addressing the licence conditions.