07/26/2019
GRR states that in this region, having restructuring advisers and lawyers who understand the local market is invaluable and cites two cases to support the Mourant lawyers' listings in the guide.
07/25/2019
A forensic audit found that JPMorgan violated foreign investment rules including paying dividend without generating profits, setting up fake companies and overvaluing shares.
07/25/2019
Previously, Hong Kong reinsurers were grouped with other offshore reinsurers and assigned baseline risk charge factors for credit risk exposure that were considerably higher than those for onshore reinsurers.
07/25/2019
TenX now intends to strengthen Liechtenstein's blockchain ecosystem.
07/25/2019
China has been aggressively tackling corruption in government agencies and related institutions in a years-long clampdown that began in late 2012.
07/24/2019
New criminal and civil offences for non-compliance will be introduced, including a AUD 500,000 (USD 351,000) fine and/or five years imprisonment for misleading consumers.
07/24/2019
The cost to Equifax could rise by a further USD 125 million, depending on how many individuals make claims against the company.
07/24/2019
The bill's current implementation deadline of October 1 proved a sore point for the wealth management sector, with several submissions to the committee's inquiry
07/24/2019
Henderson has already been fined $50,000 by the Financial Planning Association of Australia which found him guilty of breaching its professional code of conduct nine times last year.
07/24/2019
The proposed reforms address recommendations 5.1 to 5.3 from the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, which were endorsed by the Government in February.
07/24/2019
APRA’s review found these banks were improperly reporting the stability of the funding they received from other entities within the group.
07/23/2019
Restrictions on foreign ownership of domestic fund management companies have officially been lifted, according to a statement from China Securities Regulatory Commission.
07/23/2019
Appleby acted as BVI, Cayman Islands and Jersey counsel for Vanke Property (Overseas) Limited (Vanke Property) in relation to a due diligence exercise on a total of five BVI, Cayman Islands and Jersey targets and their subsidiaries in a very substantial a
07/23/2019
ADGM also entered a new agreement with OneConnect Financial Technology (a subsidiary of Ping An group) to foster greater cross-border FinTech opportunities in support of the Belt-and-Road initiative.
07/23/2019
The delegation of powers was made to improve efficiency and to minimise possible regulatory overlap with regard to insurance-related businesses of AIs.
07/23/2019
Three New South Wales auditors were disqualified by ASIC, including Tram Tran for not being a fit and proper person, having already been deregistered from a statutory role by another regulator.
07/23/2019
Two former senior executives of listed company charged with conspiracy to defraud over acquisition of investment firm
07/23/2019
The figures are another indication that pressure on bank profits partly attributable to the BOJ’s negative interest rate policy is forcing financial institutions to keep a tight lid on costs.
07/23/2019
Financial targets to comprise just 50% of performance criteria
07/23/2019
The Abu Dhabi Global Development Market, ADGM, and the China National Nuclear Corporation, CNNC, signed a cooperation agreement to facilitate Belt and Road initiatives in the UAE and MENA region, and help grow CNNC's globalization plans.