09/13/2019
The addendum is made pursuant to Article 11(1) of the MoU and aims to ensure that UK-Hong Kong mutual recognition of funds arrangement will continue to exist after the UK's withdrawal from the EU.
09/13/2019
Cheung also forged the customer’s signature on the bank’s instruction forms to facilitate the unauthorized transactions.
09/13/2019
Lifespan will top up this fighting fund with a total of 50% of the individual contributions made by its 180-strong adviser network.
09/11/2019
Other measures will include trying to attract more family offices to set up in the city to manage their wealth, Chan said.
09/11/2019
One of the likely root causes of the incidents was said to be an inadvertent manual error made by a system engineer when performing routine system updates or configuration changes to the telephone recording system.
09/10/2019
Using data derived from permits issued by Singapore Customs, the TFC service allows financial institutions to reference such information to augment their checks for trade finance compliance.
09/10/2019
The SFC considered that HSBC has failed to put in place effective internal control procedures to ensure proper implementation of the telephone recording function and timely detection of any telephone recording failures.
09/09/2019
The hardwiring of climate change-related disclosure guidance in ASIC's regulatory regime marks a new direction for the corporate regulator, and follows a series of other milestones in the push to include climate change on the global regulatory agenda
09/09/2019
Despite Brexit, 13 straight weekends of civil unrest in Hong Kong have prompted the region’s high net worth individuals to join their Mainland counterparts in buying their way into UK residency
09/09/2019
This award is an endorsement of the excellent work our team is consistently delivering," said Ogier's Hong Kong practice partner Nicholas Plowman.
09/06/2019
Hong Kong, China actively prosecutes money laundering from domestic offences.
09/06/2019
The TIA had sprung, as far as he understood, from a partnership between the Terengganu government and the federal government that aimed to generate funds via foreign investments.
09/06/2019
Many of them are unaware that the probate process can be expedited with a BVI will, but have not been advised that forced heirship laws in their home jurisdiction may override a disposition by will.
09/06/2019
The firm did not specify what damages it was seeking from Westpac
09/06/2019
Westpac said it would defend itself against the civil Federal Court claim, which was filed against two of its subsidiaries by law firm Slater and Gordon Ltd on Wednesday afternoon.
09/05/2019
Information on Indians with Swiss bank accounts will be disclosed for the first time
09/05/2019
Among more traditional financial players, the central bank has encouraged incumbents to embrace new technology through the work of the Banking Made Easy task force.
09/05/2019
“While Hong Kong, China has a low domestic crime rate, it faces a significant risk of attracting those who seek to launder the proceeds of crimes such as corruption and tax evasion,” the FATF said.
09/05/2019
Globally, captives are the most prominent instrument for Alternative Risk Transfer (ART) market.
09/05/2019
The extended agreement includes the cooperation in public and private fund management products, innovative product development, domestic and cross-border business cooperation, pension, private banking, operations, financial technology, training and knowle