08/23/2017
ASIC flags stronger adviser surveillance
Among its priorities in the next six months, ASIC will focus on enforcing higher standards among financial advisers
Legal, Regulation & Compliance
08/23/2017
Latest enforcement report outlines ASIC's enforcement outcomes from the first half of 2017
ASIC Commissioner Cathie Armour said 'This report covers some of the important work done by ASIC over the last six months across a wide range of areas.
08/22/2017
EBA urged to follow Singapore's approach to the regulation of cloud outsourcing by banks
The firms must be able to demonstrate their compliance to the regulator.
08/22/2017
Money laundering probe exposes Australian banks' compliance frailties
That is not as widespread yet in Australia.
08/22/2017
Towards a new model for advice
The vast majority of advisers are evolving their charging model towards an ongoing service proposition with their customers.
08/22/2017
Taiwan and India to strengthen their relationship
Relationship between India and Taiwan has significantly improved along with rapid changes in regional security
08/21/2017
Yunfeng’s MassMutual Asia buy puts MPFA chairman in conflict
But he has not excused himself from the management board at the MPFA that provides "strategic guidance and policy direction to the authority.
08/21/2017
Ishaq Dar challenges SC verdict on Panama Papers
He maintained that No direction whatsoever was given to the JIT qua the Petitioner.
08/19/2017
Landbank seeks GCG OK of Postbank acquisition
Under Republic Act No. 10149 or the GOCC Governance Act of 2011, the GCG can merge, reorganize or streamline as well as abolish or privatize state corporations.
08/18/2017
Indonesian DGT issues guidance on tax treaty benefits
A regulation (PER-08) dated 12 May 2017 sets out rules for Indonesian resident taxpayers to obtain a certificate of domicile (COD) to apply for treaty benefits
08/18/2017
China regulator says shadow banking crackdown reaches initial targets
Interbank, wealth management products, and off-balance sheet businesses are core problems for the banking sector
08/17/2017
Changing the cyber game in Singapore
Awareness of cyber insurance is already prevalent in the market.
08/17/2017
No immediate parliamentary grilling planned for Australia's CBA chief
The committee said Narev will appear before it on Oct. 20 as part of a regular set of hearings that the heads of Australia's "Big Four" banks
08/17/2017
Aussie Laundering in Hong Kong?
The Sydney-based bank has maintained that an algorithm is to blame for the lapse.
08/17/2017
MAS slaps two prohibition orders on former OCBC trader
MAS expects all finance professionals to act honestly and with integrity.
08/17/2017
Growth, inflation to trend higher in next 6-12 months
Most MPC members voted for a rate cut in August owing to low inflation momentum and signs of weaker growth.
08/17/2017
China's Anbang Hits a Wall in South Korea
Anbang is among a handful of big private conglomerates Chinese regulators have targeted over their overseas acquisitions.
08/17/2017
Captive insurance industry at turning point, says Bank Negara governor
Prudential and market conduct regulations intended for the protection of the general public were applied equally to traditional and captive insurers.
08/17/2017
Appleby Mauritius advises on the issue of USD 500m 5.50% Senior Notes to be listed on the Singapore Exchange Securities Trading Limited
Azure Global holds the whole structure of the Azure Group.
08/16/2017
Hong Kong under the spotlight in Australian money laundering case
Case filed against Commonwealth Bank of Australia claims laundered cash was transferred to Hong Kong accounts and that three arrests have already been made in the city