11/19/2018
Inconsistent laws and practices were highlighted in a dispute between UAE-based Dana Gas and its bondholders over the repayment of a $700 million sukuk and whether it still complied with Sharia law.
11/19/2018
The transaction will enable Tokio Marine Nichido to become the second-largest motor insurance company and third-largest property and casualty insurance company in Thailand.
11/19/2018
The review comprises three work streams focusing on the underlying risks of LCs’ remote booking models, operational risk and data risk.
11/19/2018
The fund has individually contacted most of the 100 members whose balances were higher than they should have been to personally address their circumstances, and a few members' current contact details are being located
11/19/2018
The signing ceremony was held on Friday at the office of Bank of China Manila.
11/19/2018
According to Hong Kong-based activist investor David Webb, the listed company is China Bio Cassava, now known as Cloud Investment Holdings Limited (8129).
11/18/2018
Bank bosses and head regulators will be questioned about policy matters at the financial services royal commission's final hearing.
11/16/2018
The CDPP is set to benefit most from the Treasurer's latest move in strengthening the action against misconduct in financial services, with $41.6 million to flow into its coffers over the next eight years.
11/16/2018
"This change means that AFCA is now able to consider complaints from over 98% of small businesses."
11/16/2018
The new guidelines tweak rules on marking to market to align with international standards, promote transparency and confidence in the markets, and encourage active market trading.
11/16/2018
The judgment also provides welcomed guidance on the relevance of the Confidential Information Disclosure Law
11/16/2018
The study found that the sector is more confident now in the transformative powers of AI than in 2016, Baker McKenzie said.
11/15/2018
Having closed its pre-series-A financing round, Traydstream is set to release new features and “grow exponentially” over the next few years, the firm’s CEO Sameer Sehgal tells GTR.
11/15/2018
Hong Kong-based Zeal Asset Management and New York-headquartered Two Sigma Investments have obtained IM WFOE licences.
11/15/2018
A lot of APRA focus over recent years has been on making sure entities are solvent, have the right liquidity," he told a lunch hosted by financial services industry body FINSIA.
11/15/2018
Some distributors in Hong Kong may avoid ‘complex products’ because of the added risk of being non-compliant
11/14/2018
They have the best teams, with different specialisations around cyber security technologies, both on defence and intelligence,” a Singapore-based cyber security expert told efinancialcareers.
11/14/2018
The FPA is committed to standing with Australians for a better financial future and enforcement of the FPA Code is an important aspect of that commitment."
11/14/2018
“The new payment system [...] will assist the banks as they work toward commercializing a high-speed, transparent and traceable cross-border payments solution between Japan and Brazil,”
11/14/2018
This agreement is representative of Innovate Finance’s continued support for both business and regulatory alignment between international FinTech Hubs.