12/16/2018
$3b worth Pakistani named in UK insider trading case
The trader said that his Pakistani associate was trading “high multiples” alongside him.
Legal, Regulation & Compliance
12/16/2018
China Confronts Its Eternal Dilemma
With pressure building for major stimulus, leaders must decide whether boosting growth or controlling debt is more important.
12/16/2018
China's securities watchdog approves 3 new IPOs
The companies and their underwriters will confirm the IPO dates and publish their prospectuses following discussions with the stock exchanges.
12/13/2018
Malaysia plans $4.8bn rescue of Islamic pilgrim fund
The fiscal gap is set to reach 3.7% of gross domestic product in 2018, the largest in five years.
12/13/2018
Philippines to Introduce Basel III Countercyclical Capital Buffer
Part of the Basel III framework, the BSP had initially decided not to adopt the CCyB, which requires banks to maintain additional capital during periods of excessive credit growth
12/13/2018
Police raid home of NAB chief Andrew Thorburn's former chief of staff
It is understood Mr Thorburn is not under investigation.
12/13/2018
HK$6 billion in scammed funds transferred through Hong Kong bank accounts in past 15 months
Police anti-fraud squad seized more than HK$1.1 billion, or 20 per cent of the payments, but fraudsters pocketed the rest
12/12/2018
Loyalty is a mug's game according to the banks
It claims many borrowers with "average mortgages" could save as much as $850 a year just by shopping around for a lower interest rate elsewhere.
12/12/2018
Rules to bolster banking stability
Around 30 institutions could be on China's first D-SIFI list
12/12/2018
SBM Bank eyes HNIs, small biz for growth
Besides SBM Bank, Singapore-based DBS Bank is also converting its local branches into a wholly owned subsidiary
12/12/2018
Walkers Hedge Funds Trends - Part 1
All data, unless referenced, is taken from Walkers' in-house investment funds survey.
12/12/2018
UAE, China Central Banks Meet To Enhance Renminbi Clearing
The Central Bank of the UAE, CBUAE, today hosted a workshop with the Central Bank of China and the Agricultural Bank of China on 'Improving the Renminbi Clearing in the UAE'.
12/11/2018
Vietnam arrests ship firm execs for 'embezzling $4.5m'
They were being investigated for "abusing position and power to appropriate assets", it added.
12/11/2018
PBOC Consults Internally on Draft Rules for Financial Conglomerates – Report
Chinese policymakers believe financial holding companies could pose systemic risk due to their opaque crossholding structures through which they can control multiple financial institutions and conduct business across different sectors.
12/11/2018
SFM HK Management fined for short selling failures
This led to the system indicating 2.4 million Great Wall Motor shares available for trading, when in reality only 808,000 shares were available for trading.
12/11/2018
Meng arrest a huge provocation to China
As with Europe’s great powers back then, the United States, led by an administration intent on asserting America’s dominance over China, is pushing the world toward disaster.
12/10/2018
Australia's IOOF Holdings execs step down amid probe
APRA alleges IOOF used pension customers' funds to compensate them for losses caused by the company.
12/10/2018
Investors managing $32 trillion in assets call for action on climate change
"The global shift to clean energy is underway, but much more needs to be done by governments to accelerate the low carbon transition and to improve the resilience of our economy, society and the financial system to climate risks," the statement
12/10/2018
Two British Banks Ensnared in Huawei Dispute
HSBC, Standard Chartered said to be among institutions potentially misled by the Chinese company
12/10/2018
Aleema to face money laundering case if evidence found: adviser
The prime minister's sister was slapped with a double penalty (taxes and fine) because she did not disclose the said property worth around Rs74 million.