04/10/2018
Financial compliance in Singapore is the ninth easiest in the world
TMF Group’s rankings places most complex locations near the first place and the least complex locations near 94th place.
Legal, Regulation & Compliance
04/09/2018
BSP leads drive to a cash-lite economy
Now, the central bank’s more than 3,000 employees in its headquarters in Manila will experience the convenience and value of going digital when paying with their mobile phones through PayMaya QR or using the PayMaya card.
04/09/2018
Bank of India gets UAE central bank’s approval to close Dubai branch
The public sector bank has identified nine foreign branches /subsidiaries/ representative offices for closure.
04/09/2018
Trading Blows by Gary Dugan
Trade wars reflect two bigger geopolitical challenges facing financial markets, the rise of populism and a shift to multi-polar economic and political leadership in the world.
04/09/2018
FASEA consultation could sway retirement outcomes
At the framework's foundation, Challenger believes targeted financial advice is also needed to ensure older Australians experience the best possible outcomes in retirement.
04/09/2018
How a change in strategy is putting Cayman on the map for Japanese institutional investors
The trustee’s responsibility is directly owed to the beneficiaries (i.e. investors) collectively, in contrast to a corporate structure where the directors owe duties to the company as a whole.
04/06/2018
Indonesia's new bank rules aim to spur credit growth
Central bank hopes to hit double-digit growth by giving banks more flexibility to manage excess liquidity
04/06/2018
Lawyers slams life insurers in Royal Commission
The law firm detailed a number of cases in its submission whereby super funds and insures breached their claims obligations and named the "main culprits" - the "worst" being AIA, CommInsure and TAL.
04/06/2018
Walkers (Hong Kong) Acts on iQiyi's and Bilibili's Nasdaq IPO
The deal was led by Hong Kong Partner Amelia Hall and Senior Associate William Lee.
04/06/2018
ANZ to Pay for Wealth Flaws
As part of the enforceable undertaking, an independent expert will be appointed to provide an assurance ANZ has delivered the documented client reviews since 2014
04/06/2018
Bollywood shudders at Salman Khan's sentencing
In the past decade or so, Salman has mega hits like "Ek Tha Tiger" and its sequel "Tiger Zinda Hai", then "Dabangg" and "Dabangg 2", besides "Sultan" and "Bajrangi Bhaijaan" among several others
04/05/2018
India: Multiples PE invests $11.2m in Sanctum Wealth Management
The deal is subject to regulatory approvals, the company said in a statement.
04/05/2018
Philippine c.bank says will review "measured policy response" on inflation
The consumer price index rose 4.3 percent from a year earlier
04/05/2018
FASEA standards still lacking: FPA
At this stage, Kendall believes the education standard "does not give sufficient recognition to financial advisers who have completed a degree and undertaken additional studies in financial planning."
04/05/2018
Japanese and Swiss regulators ink fintech pact
This Cooperation Framework recognises the global nature of innovation in financial services and intends to enhance the relationship with FINMA on FinTech.
04/05/2018
TrueMoney awarded Vietnamese payment services license, launches TrueMoney Wallet
TrueMoney has a network of more than 5,000 agents across 40 provinces in Vietnam.
04/04/2018
China steps up crackdown on online asset management sector: sources
News of the central bank examination comes as the market is waiting for the People’s Bank of China to release the final version of new rules for asset management businesses as part of widening crackdown on risk in China’s financial system.
04/04/2018
Burden of rescuing failed banks in Singapore likely to rest on MAS, shareholders: Moody's
This allows creditors to get paid, but dilutes existing equity holders and exposes the rescuer to ownership risk.
04/04/2018
Executive pay structure still fuels risk-taking: APRA
APRA trawled through three-year remuneration data of about 280 employees holding senior roles at 12 regulated institutions.
04/03/2018
CBA backs 'four pillars' ban on bank mergers
It is the only major bank so far to publicly back the four-pillars policy in its submission to the Productivity Commission, despite this being one of the recommendations in the PC's draft report.