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.
03/15/2019
CBA is spending A$1.46bn on refunding customers and remediating issues linked to misconduct, with A$1.2bn of this related to its wealth businesses.
03/15/2019
The SFC has also taken action against other joint sponsors involved in the listing applications of China Forestry and Tianhe.
03/15/2019
The SFC also found that the records of the interviews were seriously inadequate.
03/15/2019
Morgan Stanley did not have direct contact with Tianhe’s customers for the purpose of setting up due diligence interviews or confirming the mode and place of the interviews.
03/15/2019
NG lost at least three times that amount as Oil Search shares fell sharply and the government was forced to sell out.
03/14/2019
The sector is under pressure to lift standards and improve accountability following a public inquiry last year which exposed widespread misconduct in the financial industry.
03/14/2019
Dubai FDI and HKTDC also agreed to cooperate on trade and economic information sharing; provide support by facilitating network platforms for companies keen to expand business in both markets; and extend support and assistance to visiting delegations seek
03/14/2019
The pending passage of a key Bill to strengthen APRA's enforcement powers however is hampering its new initiatives.
03/13/2019
The firm continuously works on many of the most high profile and complex aviation transactions in the market
03/13/2019
ASIC said it strongly disagreed with the approach of those licensees, citing how CBA used customer responses to questionnaires as evidence of service delivery in some cases.
03/13/2019
Macau has managed to stay off a tax haven list established by the European Union by complying with OECD standards
03/13/2019
The Deutsche analysts also note changes by the Australian Prudential Regulation Authority (APRA) to its related parties framework, prudential standard APS222.
03/13/2019
StanChart shuttered its cash equities business in 2015, but for UBS, formerly a top sponsor of IPOs in Hong Kong, the settlement – details of which haven’t been disclosed – must be a relief.
03/13/2019
Last November, Tim Leissner, who once headed Goldman Sachs’ Southeast Asian unit, pleaded guilty to violating US anti-bribery and money-laundering laws
03/13/2019
International standards are not the only battlefield.
03/12/2019
Bunch of fund managers recently got pre-approval from CBDT
03/12/2019
The commission had questioned the retail banks and AMP over charging such fees.
03/12/2019
In a discussion paper to be published in Money Management, Steinhardt said the culprits which had caused the problems were not the banks, financial institutions or the larger, well-resourced licensees and dealer groups.
03/12/2019
But the regulator said the firms had taken too long to identify systemic failures.