03/11/2019
StanChart and UBS banker Cen Tian were also scheduled to appeal against disciplinary action taken by the Securities and Futures Commission (SFC) over alleged misconduct during a 2009 IPO that the two banks sponsored, or led.
03/11/2019
Shadow banking refers to financial activities conducted by unregulated lending institutions or off-balance-sheet activities by traditional financial institutions
03/11/2019
While the size of the buying was small relative to some of the HKMA’s interventions last year, continued weakness in the currency may prompt the central bank to drain more liquidity.
03/08/2019
Such ventures can register if they generate half their revenues from the business, and reinvest 70 percent of profits.
03/08/2019
Little progress has been made to date with only five SOEs completing the 10% asset transfer
03/08/2019
This comes as Japan's Nomura is awaiting a licence to launch a wealth business in China, while JPMorgan and Bank of Singapore, a unit of Asian lender Oversea-Chinese Banking Corp are among others considering entries, the people said.
03/08/2019
Government officials are permitted to seize computers, search networks, and access and copy any data they require.
03/08/2019
Central banks are becoming more transparent, including the People’s Bank of China, which also no longer desires to intervene so often in the foreign exchange markets
03/08/2019
Thanks to its territorial tax system, "offshore profits" derived by locally incorporated companies are tax exempted.
03/08/2019
This is a joint media release between the NSW Police Force and AUSTRAC.
03/08/2019
MAS proposes to expand the TRM Guidelines to include guidance on effective cyber surveillance
03/07/2019
SFC has confirmed that it intends to prosecute 60 individuals and companies in 2019
03/06/2019
“Inland Revenue will review the information and verify that correct tax is being paid on offshore investments.
03/06/2019
DBS's push into large, developing markets such as India is necessary as the lender seeks to reduce its reliance on Singapore, a tiny island state with mature economy where it derived 62 per cent of revenue in 2018
03/06/2019
Strike Force Napthali began investigating allegations of corrupt commissions being paid for contracts with a financial institution in February last year.
03/06/2019
Climate change is an issue of increasing importance in our financial markets and of course in our community more generally.
03/06/2019
They argue the bank should fall into line with peers such as Barclays and Standard Chartered
03/06/2019
The shareholders have built a market-leading wealth management business and this transaction provides them with an opportunity to partially sell down their interest in the business and partner with a world leader in the financial management space,”
03/05/2019
The power to exercise supervisory functions over conglomerates is crucial in achieving the central bank’s mandate of financial stability, Capule said
03/05/2019
The new license will allow UBP Singapore to offer Singapore dollar services