01/16/2019
Bank of Japan eases at slowest pace in Kuroda era
Last year saw smallest gain in monetary base since 2013
Legal, Regulation & Compliance
01/16/2019
Hong Kong, Luxembourg Sign Mutual Recognition of Funds Agreement
Eligible Hong Kong funds must be authorised by the SFC and comply with the applicable laws and regulations in Hong Kong if they seek authorisation to be marketed to retail investors in Luxembourg.
01/16/2019
Gov’t boosts finance industry
A tax-exempt fund can invest in local and overseas private companies. I am hopeful that the new tax treatment will take effect very soon.
01/15/2019
It’s Getting Foggy Out There by Gary Dugan
UK also faces the prospect of freezing over as the North Pole sees temperatures rise
01/15/2019
Coincheck Gets Cryptocurrency Exchange License from Japanese Regulator
The service approval is effective immediately, and it is said to enforce strict rules, privacy terms, and clear regulatory measures.
01/15/2019
ClearView director dismissed of charges
The charge against Mr Brown has not been proven and his employer, NASFUND, is fully supporting Mr Brown, believes he has not breached any laws and has stated that it will support Mr Brown in his defence of the charge.
01/15/2019
Chinese direct investment in US and Europe falls by 73 per cent to a six-year low as firms face tougher scrutiny
New investment screening rules abroad hit China’s outbound investment in 2018, with 21 Chinese acquisitions cancelled by foreign regulators
01/15/2019
OurCrowd and Korea’s KEB Hana Bank Sign Investment and Partnership MOU
This latest step forward, in addition to the partnerships we have established in Korea, will help leverage incredible commercial potential as we deepen the interface between the two countries’ industrial collaborations in various hi-tech fields
01/15/2019
Hong Kong SFC fines Bermuda-registered life insurer over regulatory breaches
FWD Life is a direct underwriter of long term life insurance and is registered in Bermuda, but is based in Hong Kong.
01/15/2019
ASIC suspends online broker AFSL
ASIC has suspended the AFSL of an online stockbroking firm until 10 January 2020.
01/15/2019
Changes announced to Singapore’s banking and financial services union
The changes were shared by NTUC Secretary-General Ng Chee Meng during the union’s launch event on 11 January.
01/15/2019
Mourant acts on record-breaking Japanese outbound M&A deal
Mourant continues to advise Shire in relation to its integration into the Takeda group.
01/14/2019
Indonesia Plans Investment Tools to Keep Amnesty Funds Onshore
Lock-in for funds reptraiated under amnesty will end in March
01/14/2019
Consolidating Pakistan-UAE ties
Discussing economic, investment and development possibilities, Prime Minister Imran Khan and the UAE Crown Prince identified new sectors where co-ordination could be intensified.
01/14/2019
Who would want to take the helm of a World Bank that has lost its focus?
Bank is promoter of poverty reduction and social welfare, health care agency, economic and financial policy adviser and (only then) infrastructure builder
01/14/2019
Employment pact for Filipino workers kicks in
The agreement also guarantees rights of each worker to food, housing, clothing and registration in the health insurance covering his/her illness or work injury.
01/13/2019
Pay attention to faux Singapore Police Power web site: Scammers could faux to be officers
While the victims visit the fake website, they would be asked to provide confidential information such as credit card details and internet banking credentials, purportedly for investigation purposes.
01/11/2019
Philippine court finds banker guilty over Bangladesh Bank heist
Dhaka wants Manila to expedite other cases related to $81m theft in 2016
01/11/2019
Philippine Court Rules in First Conviction in Bangladesh Bank Heist Case
“The crime of violation of the subject law is fully proved and established.”
01/11/2019
Moody's: China's slowing growth is pushing Beijing to launch new 'untested' policies
Beijing's efforts to prop up a slowing Chinese economy, in the middle of an ongoing trade war with Washington, is pushing the government to introduce previously untested policies, according to a senior analyst at Moody's Investors Service.