03/21/2019
As this date approaches, financial institutions are stepping up their countermeasures due to concerns that if the FATF decides Japan’s handling of this issue is insufficient, it could lead to difficulties such as delays in international remittances
03/20/2019
We set out below a summary of the legal entities affected by this new legislation and steps that will be required for compliance.
03/20/2019
The issue of conflicting banking regulations has intensified since the global financial crisis led authorities around the world
03/20/2019
But the Seoul government appears to have a say in key decisions at the NPS as five out of 20 members of the NPS asset management committee are incumbent ministers or vice ministers and NPS chairman and CEO Kim Sung-ju, it said.
03/20/2019
According to a Nikkei report, the FSA plans to review its early intervention regime governing regional banks
03/20/2019
The MoU provides the platform for Labuan FSA and CBIRC to enhance the regulatory and supervisory oversight of cross border branches and subsidiaries of China and Labuan based banks and insurance entities.
03/20/2019
“If these limits are not removed, we are afraid that foreign institutional investors may not be able to invest in some of the listed companies, particularly the small cap companies,” ASIFMA said.
03/19/2019
City’s short-term debt may be swapped for longer-term loans
03/19/2019
Beijing needs a weaker yuan to ease deleveraging just when Trump is holding it hostage
03/19/2019
Coleman alleges both the bank and her immediate supervisor, long-term banker Feroze Sukh, are culpable under Hong Kong’s Sex Discrimination Ordinance and Disability Discrimination Ordinance.
03/19/2019
This has been a period of strong growth in the region for the firm, which recorded 48% year-on-year growth in Southeast Asia.
03/19/2019
According to Preqin's data, Southeast Asia startups are facing a Series B funding gap.
03/19/2019
The information about the offshore bank accounts of Pakistani nationals was shared with the government by the Organisation for Economic Cooperation and Development (OECD).
03/18/2019
It recognized the 33-year-old had altered data on the company's trading system to pad the amount in his accounts, as he sought to prevent his company from becoming cash-strapped.
03/18/2019
China generates more new HNWIs than most (if not all) western countries and those HNWIs increasingly understand the need for offshore structuring for their personal and business assets around the world.
03/18/2019
It said it was under pressure to cut costs after suffering losses in emerging markets.
03/18/2019
IFRS norms like risk-based capital framework is necessary to assess the financial strength of a company.
03/18/2019
RBI Issues Finalised Guidelines on Market Abuse
The RBI also said market participants, either acting independently or in collusion, shall not undertake any action with the intention of manipulating the calculation of a benchmark rate or a reference rate.
03/15/2019
In China, a spate of defaults has raised concerns over the quality of financial reports.
03/15/2019
Those incidents have prompted investors and regulators in Asia to look back on where they might have picked up more clues that trouble was brewing, adding to broader scrutiny of auditing firms elsewhere in the world.