04/11/2023
Japan Inc sells record short bonds amid BOJ tightening bets
In Japan, issuance of shorter company notes jumped 179 per cent in the January-March quarter as the government announced the surprise nomination of Ueda as BOJ governor.
Legal, Regulation & Compliance
04/06/2023
MAS Establishes Financial Sector Cloud Resilience Forum
This Forum will serve as a useful platform for financial regulators in Asia Pacific and major CSPs to pursue meaningful initiatives to engender a more resilient and secure adoption of cloud services for the financial sector
04/03/2023
Charges against David Mark Anderson withdrawn
The matter was being prosecuted by the CDPP following an investigation and referral of a brief of evidence by ASIC.
03/31/2023
APRA find NobleOak in breach of prudential and reporting standards
APRA is satisfied the plan is credible and will monitor NobleOak’s execution of the plan closely over the coming months.
03/31/2023
IMF urges BOJ to allow longer yields to move more flexibly
The IMF sees two-sided risks to Japan’s inflation outlook with “upward surprises” coming from bigger-than-expected wage hikes from companies’ spring wage negotiations with unions, Salgado said.
03/29/2023
Objective will not achieve any real purpose: IFPA
The IFPA said it supports consistency in future policy making around superannuation, which should be aimed at providing income and benefits for individuals and their dependents, but it believes that legislating an objective isn't the solution.
03/28/2023
Roger Ng Ordered to Forfeit 1MDB-Linked Gains
The forfeiture order follows a 10-year prison sentence in the US delivered earlier this month.
03/27/2023
Do Kwon Arrested in Montenegro
Kwon was arrested early Thursday for attempting to fly to Dubai using falsified Costa Rican traveling documents.
03/24/2023
UBS offers retention packages to Credit Suisse Asia wealth bankers, say sources
In his address, Khan said the top performers at the Credit Suisse wealth business will get retention packages, the second source said. The details of the retention package were not immediately known.
03/24/2023
Government targets ASX dominance
The proposed legislation also establishes a compliance and enforcement regime for ASIC's rules, including a directions power, civil penalties, and enforceable undertakings.
03/24/2023
Do Kwon Arrested in Montenegro as U.S. Charges Crypto Fugitive With Fraud
The creator of the failed TerraUSD stablecoin was detained as he attempted to board a flight to Dubai, authorities said
03/22/2023
SFC publishes quick reference guides for licensing requirements
The SFC is constantly working to enhance the efficiency and transparency of its gatekeeping function.
03/22/2023
Brankas Secures Payments Licenses in Indonesia and the Philippines
The certifications confirm that Brankas meets all local regulatory and security standards for its Open Finance payment solutions.
03/21/2023
State Secretariat official suspended amid probe into ‘unreasonable’ wealth
State Secretariat spokesperson Eddy Cahyono Sugiarto said the suspension was intended to make the investigation into the sources of Esha's wealth easier.
03/21/2023
Written reply to Parliamentary Question on family office applications
There are currently about 200 SFO tax incentive applicants pending approval.
03/21/2023
Four Hong Kong based lawyers recognised by ALB as one of the 30 Rising Stars
The list celebrates practitioners under the age of 40 who have worked on important deals and cases and have received significant accolades in the form of public recognition and positive comments from clients and colleagues.
03/20/2023
UBS AG’s Acquisition of Credit Suisse AG
Credit Suisse’s operations in Hong Kong comprise a branch supervised by the HKMA and two licensed corporations supervised by the SFC.
03/20/2023
Indonesia central bank governor gets approval for new term from parliament body
Inflation in South-east Asia’s largest economy has stayed above the target range since last year amid high global commodity prices.
03/17/2023
Bogus SMS Purportedly from HKMA
The HKMA has referred the case to the Hong Kong Police Force for further investigation.
03/15/2023
ASIC bans Queensland based adviser from providing financial services for three years
The banning has been recorded on ASIC’s publicly available Financial Advisers Register and the Banned and Disqualified register.