03/08/2018
Urgent rates decision likely to face next head of China's central bank
The U.S. Federal Reserve's rate decision will be made public on March 21
Legal, Regulation & Compliance
03/08/2018
Devil in the detail in Singapore-Malaysia link
Cross-border exchange cooperation is back in focus in Asia – and at scale.
03/08/2018
Can Regulations Temper the ICO Craze?
Regardless of the gravity of restrictions, these regulatory efforts, especially those made by major economies, appear to impact both the local and international crypto markets.
03/08/2018
Prudential's Malaysia unit in stake sale talks with pension fund as regulatory deadline looms
Foreign insurers are required to cut their stakes in their local units to 30% to abide by a directive announced by Malaysia's central bank last year, under an initiative to lift domestic participation in the industry.
03/08/2018
MAS Wants Clampdown on Mass Defections
The recent mass recruitment of representatives by FA firms from competitors was accompanied by sizeable sign-on incentives.
03/07/2018
‘Wolf of Wall Street’ Producer to Pay $60 Million in Settlement
The complaint targeting the 2013 picture, directed by Martin Scorsese, is among more than two dozen forfeiture lawsuits filed by the U.S. against $1.7 billion assets that were allegedly acquired with money stolen from 1Malaysia Development Bhd.
03/07/2018
The secret insider terms used in Chinese money laundering
Nearly two percent of China’s GDP may have been lost to capital flight in the first three quarters of 2017
03/06/2018
Central Bank's New Directive Threatens To Bring Down India's Booming Digital Wallets Industry
Ironically, this regulation comes at a time when mobile wallets reported a 14% growth in January transactions at 113.6 million compared to 99 million in December 2017.
03/06/2018
Australia to Expose Banking Secrets
A former judge investigating the industry rejected its application.
03/06/2018
China vows to confront structural issues with tighter control
Corporate debt to be reined in to contain financial risk
03/06/2018
Singapore government increases stamp duty on high-end residential properties
Finance Minister Heng Swee Keat said in his budget speech that the measure makes Singapore’s tax system more progressive, fair and resilient.
03/06/2018
Ogier's Hong Kong and Jersey teams advise on cryptocurrency fund launch
The Fund, structured as a Cayman Islands master feeder fund structure and registered with CIMA, is credited with being one of the few institutional quality cryptocurrency funds at the time of its launch.
03/06/2018
SME Development Bank Malaysia Berhad Chooses Wolters Kluwer
OneSumX IFRS 9 is a comprehensive and modular solution which provides the financial industry with a solid framework to capture and store all relevant contractual information
03/06/2018
More mortgage rate cuts expected as major lenders rebuild their market share
Big four lenders started losing market share to smaller lenders and regulation-lite non-bank financial institutions when they slammed on the brakes to meet Australian Prudential Regulation Authority's 30 per cent cap on interest-only loans.
03/05/2018
ASIC hits former Westpac, NAB, YBR adviser with permanent ban
ASIC said Khan did not ensure his client had obtained independent advice with regards to the "loan" or the "gift" and the money was largely spent on personal expenses.
03/05/2018
Korean savings banks post record net profit in 2017
The surge was largely attributed to the spike in interest income as banks moved fast in raising interest rates amid expectations of increases in the key rate.
03/05/2018
BOJ deputy governor nominee warns against premature exit from easy policy
Central bank governor Haruhiko Kuroda on Friday rattled markets by flagging for the first time the prospect of an exit from accommodative policy if his inflation target was met, sending the yen higher and bond prices lower.
03/04/2018
Pakistan drafts governance rules for Islamic firms, securities
The move by the Securities and Exchange Commission of Pakistan marks the first time a regulator
03/04/2018
China hedge funds suffer in debt crackdown
Bear market in bonds adds to woes as banks withdraw funds
03/02/2018
Bank of Baroda cries foul as cash frozen in South Africa
The case is related to a state-owned farm in the Free State leased to Gupta-linked company Estina (Pty) Ltd. in 2012.